In the past weeks, more than 200 depositors into the famous DECI (Developing Enterprise Community Initiative) a pyramid scheme have had to live nightmares after realizing that their savings had gone with the wind literally.
It was in Machakos that they held hostage a manager for 6hrs while demanding a refund of their deposits but they couldn’t face reality that they had lost the cash. Earlier on, a Nairobi manager of the same scheme died of injuries sustained after he was thrown out of his 8th floor office window by angry depositors who wanted their cash which he couldn’t raise.
The ‘CEO’ of the scheme has come out with assurances to the members that will get their dues in due course. But it has remained to be just that, assurances with little action to show for them.
Complaints against the scheme abound but the authorities seem lost on which law to apply since they operate in legal lacuna.
Central Bank has only repeatedly issued warnings to the public about the pyramid and ponzi schemes in the past.
Sooner rather than later, a fool and his money are parted. The question is, what do some of us Kenyans have where brains are supposed to be?
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