According to reports, the operators of a Central African Republic (CAR) crypto company which promised a high return on money invested have disappeared along with $1.6 million in investor funds. High-profile personalities including lawmakers and senior government employees are among the hundreds of CAR residents who fell victim to the apparent scam.
Company Abruptly Closes Shop
The operators of a Central African Republic (CAR)-based cryptocurrency investment company, Clé du Succès, are accused of defrauding investors of approximately $1.6 million or one billion CFA francs, a report has said. The company, which only began its operations in September, is said to have abruptly closed shop on Oct. 8 leaving both investors and employees uncertain about the fate of their investments and jobs.
According to a report, Clé du Succès, which is a duly registered company and has been issued with a tax identification number, lured prospective investors with the promise of a 20% return on investme
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