Batswana lose millions in pyramid scheme

Friday, October 14, 2016

The Criminal Investigations Department (CID) is investigating a case in which more than 200 people have allegedly been swindled of millions of Pula through a suspected pyramid known as Longrich Botswana.

Operated by Kenyan couple, Walter Mogi and Elena Tai, Longrich Botswana was said to be part of a Chinese company called Longrich, which allegedly produces more than 1,000 product lines across categories such as household, cosmetics, health care products, furniture, real estate and logistics.

The company was said to be one of the largest and most advanced centres for research, development, manufacture and sale of cosmetics and health care products in China.

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Batswana lose millions in pyramid scheme

The Criminal Investigations Department (CID) is investigating a case in which more than 200 people have allegedly been swindled of millions of Pula through a suspected pyramid known as Longrich Botswana.