Afia Schwarzenegger’s ex-boyfriend’s mother has pleaded on behalf of Menzgold boss, Nana Appiah-Mensah saying he should be given two years grace period to pay customers.
Although this woman is a customer with the embattled gold firm, she, however, disagreed with other clients calling on the government to sell off properties of NAM1 to settle them.
She is rather asking President Nana Akufo-Addo to permit the CEO of the Company, Nana Appiah Mensah, to operate for two years to pay back investors their monies.
This woman is no other person that the mother of actor Prince William Darlington, the ex-boyfriend of Afia Schwarzenegger.
Making her submission in an interview with Prince Tsegah on Asempa FM’s Zoblazo Show, she said she has not lost hope of retrieving her money because she believes Appiah Mensah has money saved in the bank.
Appiah Mensah is wanted for defrauding by false pretense and alleged money laundering.
This was after his company Menzgold failed to pay thousands of clients’ returns on their investments.
There has been agitation from clients since September 2018 when the Securities and Exchange Commission ordered his company to shut down its gold trading operation.
At Menzgold, clients buy what is believed to be gold from another company owned by the embattled businessman, Brew Consult and deposit the collectibles with Menzgold.
They are promised 7% to 10% monthly returns described by investment experts as risky and unsustainable. Menzgold after months of hesitation is now being called a Ponzi scheme.