SEC Warns Nigerians as Glorious Wealth Fund Exposed as Ponzi Scheme

SEC Warns Nigerians as Glorious Wealth Fund Exposed as Ponzi Scheme

The Securities and Exchange Commission (SEC) has declared Glorious Wealth Fund (GWF) a Ponzi scheme after investors reported being unable to withdraw funds. The regulator warns Nigerians to avoid the platform and highlights over N300bn lost to Ponzi scams in recent years.

South African Voice Calls Decline Amid Data Shift and Rising Spam Call Epidemic

South African Voice Calls Decline Amid Data Shift and Rising Spam Call Epidemic

South African Voice Calls Under Threat from Data Shift and Surge in Spam Calls South Africa’s traditional voice call market is under mounting pressure as consumers increasingly switch to data-based communication platforms and face a growing spam call epidemic. Industry data shows a steep decline in voice revenues, signalling a major transformation in the country’s […]

Police Seize $29,000 Worth of Illegal MultiChoice Streaming Devices in Johannesburg Raid

Police Seize $29,000 Worth of Illegal MultiChoice Streaming Devices in Johannesburg Raid

Police Seize $29,000 Worth of Illegal MultiChoice Streaming Devices in Johannesburg Raid Authorities in Lenasia, Johannesburg, have seized hundreds of illegal streaming devices valued at approximately $29,000 (R546,000) in a coordinated anti-piracy operation involving the Hawks, Crime Intelligence, and MultiChoice. The confiscated equipment included Android TV boxes preloaded with pirated content from MultiChoice and other […]

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