MORE than 5, 000 people, mostly students from various learning institutions across the country, have been swindled of K2.5 million by the Sub Sahara Africa Farmers Organisation.
The organisation allegedly lured unsuspecting students interested in farming activities into making varying investment contributions which would over time accrue interest. Mr Francis Lungu, one of the victims said the “bogus” farmer organisation, which is purported to be affiliated to the Ministry of Youth, Sport and Child Development, emerged on the scene in 2020.
He said the organisation lured unsuspecting students interested in farming activities into making varying investment contributions which would over time accrue interest. Mr. Lungu, a Zambian student studying in Morocco, revealed that the organisation has gone away with individual investments in the range of K550 to K731.
He said some of his colleagues reported the matter to the Zambia Police in Lusaka last year when it became clear that it was a scam.
He has, however complained of the slow pace by the police to bring the matter to a conclusive end.
Mr. Lungu has since appealed to the government to intervene and help the students who are merely trying to make ends meet to recover their stolen money.
He has also urged the government to come up with stiffer punishment for scammers to curb the emerging problem.
And Zambia Police Service Public Relations Officer Esther Katongo, has revealed that police are actively pursuing the matter.
Meanwhile, efforts to get a comment from Sub Sahara Africa Farmers Organisation Chief Executive Officer Cedric Munyaradzi Muronda, proved futile as his mobile phone was not reachable. – ZANIS.