Home Governance Business Menzgold appoints Payboy to negotiate settlements of customers

Menzgold appoints Payboy to negotiate settlements of customers

0
205
0 0
Read Time:1 Minute, 18 Second

Menzgold has appointed digital payment marketing and promotions company, Payboy, as a third party entity to negotiate settlement payment of all monies owed customers of Menzgold.

In a statement released by the now-defunct gold dealership company, they indicated that “Payboy as the appointed third party entity with capacity to negotiate “Debt Settlements Agreements” and to facilitate payments of same, in our committed resolve to ensure the eventual full debts settlements by Menzgold within the shortest possible time.”

Meanwhile, the Coalition of Aggrieved Customers of Menzgold (CACM) has raised concerns about the PayBoy firm.

They are alleging that the company is not licensed by the Bank of Ghana to carry out such responsibility, hence, they cannot deal with the company as the third party to negotiate and facilitate the payment of their locked up investment.

“Our checks do not indicate that Payboy is licensed by the Bank of Ghana. They’ve been registered by the Registrar’s General Department. But as to the particular business they’re doing in demanding money, Bank of Ghana ought to license them to do that activity.

In an interview with Univers Business, Public Relations Officer of the aggrieved customers, Fred Forson, described Payboy Company Limited as a Ponzi scheme and an offshoot of Menzgold.

“The activities of the current Payboy we know is akin Ponzi that Peter must come and pay so that we can pay Paul. If that is the Payboy we know or if this is a different Payboy, they must come clear and tell us,” he stated.

Story by: Nicholas Brown

7a47f9ad1497f9c076987d8d66838026?s=400&d=mm&r=g

About Post Author

Ellis Ferdinand

Ellis Ferdinand is the Founder of Education Ghana Media Network ,a parent Company of EducationGhana.net ,an Online Education News Blog and Education Television, an Online Digital Television Channel. Ellis Ferdinand is a Graduate of Accra College of Education and the University of Cape Coast respectively, where he obtained a Diploma In Basic Education and a Bachelor of Education in Accounting. Awards Ellis Ferdinand won Blogger of the Year at the 2018 National Students’ Awards and was also adjudged 14th Best Ghanain Blogger in 2018 among Top 50 Ghanaian Bloggers of 2018. He introduced the Concept of Education Blogging in Ghana in 2014 with his famous blog EducationGhana.net. His Blog won Best Media Promoting Education in 2017, 2018 and 2019 respectively, an Award organized by Neogenics Education Consult. In 2019, He was adjudged the Most Promising West African Blogger of the Year in Nigeria.
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.