Cassava Smartech’s subsidiary, EcoCash, has warned the public of fraudulent investment schemes. A statement issued by the company reads as follows:
WARNING!! Fraudulent Investment Schemes
Beware of fake investment schemes operating in the market. Some of them are offering unbelievable returns.
All deposit-taking institutions and investment schemes must be licensed by regulatory authorities and have an obligation to display their licenses to the public.
Make sure you verify and confirm that you are dealing with a licensed institution before parting with your hard earned money.