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Namibia: Bank of Namibia warns public against fraudulent investment schemes – Africa Links 24 3

Namibia: Bank of Namibia warns public against fraudulent investment schemes – Africa Links 24 3

Africa Links 24 with Arne Schutte
Published on 2024-10-22 18:37:58

The Bank of Namibia (BoN) has issued a public warning against fraudulent investment schemes that falsely claim to provide financial support for Namibia’s development projects.

This comes after the bank observed an an increase in such fraudulent schemes.

“These international actors often present enticing opportunities, such as billions in humanitarian funding with no interest or collateral requirements.

They misrepresent themselves by using the names of government offices,…

Read the Full article on The Namibian

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