NuruCoin Closes Offices With 27$ Million In Investor Funds

Advertisements

NuruCoin was the latest sh*tcoin to scam 11 thousand investors out of 2.7 billion KES (approximately $27 million dollar). According to a local news site, a company by the name of ChurchBlaze, operated by the son of a priest, would congregate in religious buildings after hours to tell local Kenyans of business opportunities that offered not just returns, but dividends, which was something many families with tight budgets needed.

Many families invested, but none of them ever saw any dividend returns. All of the original investment offices that ChurchBlaze had opened to process the payments after the ICO were now gone, and the company founders were nowhere to be found. 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

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