RATE Group | Dozens suffer losses in sham cryptocurrency scheme in Masaka
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Dozens suffer losses in sham cryptocurrency scheme in Masaka

09 Dec Dozens suffer losses in sham cryptocurrency scheme in Masaka

Posted at 09:02h in Cryptocurrency News by

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Closed offices of Dunamiscoin Resources Limited

Closed offices of Dunamiscoin Resources Limited

Dozens of people in Masaka district are counting losses after investing in a sham a cryptocurrency business scheme. Dunamiscoin Resources Limited opened in Masaka town in November this year and started enrolling clients on its digital currency network.  

However, several people are crying foul after learning that the company, which has been operating on Laston Business Centre in Masaka town has closed shop. Joseph Musiitwa Natakemula, who operates a boutique next to the closed offices, says they found the offices empty when they turned up work for work last Thursday.

He explains that the company employees have been luring several people to join their network with promises of up to 40 per cent interest on their cash deposits. Musiitwa says the company has been recruiting clients through mobile money agents around town who would direct clients to their offices. 


He says, besides directly…

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