@groundup_news: Last week, an investment scheme called Morita Forestry collapsed. Thousands of people lost their money. They thought they were investing in trees in America and receiving phenomenal returns. But there were no trees – and no real returns. Two weeks ago, another scheme, called SGK, conned people in Lesotho out of millions. People invest in an app, promising guaranteed returns in exchange for watching short video ads. Pyramid schemes can be highly enticing, but you are certain to lose your money. Read the full article on groundup.org.za #LinkInBio 📰Joel Cedras 🎤Masego Mafata #NewsThatMatters #SouthAfricanNews #MoritaForestry #PyramidScheme

GroundUp News
GroundUp News
Open In TikTok:
Region: ZA
Wednesday 05 August 2026 10:49:09 GMT
21803
702
40
156

Music

Download

Comments

thabethe.ntombi
Thabethe Ntombi :
That is what I'm asking too, but we must be guidance in what ever thing we are entering too
2026-08-08 18:56:26
1
squichy39
squichy :
Imagine maaar trees takes years to grow, we have Sabie in South Africa they should have asked them before investing
2026-08-08 07:21:58
1
sinoyolo12576
sinoyolo :
Arrest all those influencers 😭😭
2026-08-08 08:07:59
5
kagisolydia
Kagiso :
Haaao even the government 😭
2026-08-06 04:05:29
30
gabymonroe0
Gaby Monroe :
“Trees in America “ doesn’t even sound right
2026-08-06 09:18:20
41
bernadette.fourie
Bernadette Fourie :
hi how can you'll help us recover our monies
2026-08-05 17:00:31
3
seppie.maloka
Seppie Maloka :
Ironically so people are told money doesn't grow on trees they go put it on trees our people never learn
2026-08-06 04:18:11
25
pocahontas2.0
pocahontas2.0 :
“Trees in America “ 😂
2026-08-07 20:51:32
9
mphothabana
『Mpho』 :
Hao, trees banna. Does money grow on trees?
2026-08-05 20:12:10
10
t.h.e.b.i.z
the biz 🍉 :
Just ask for their FSCA license that allows them to operate as an FSP. You can’t take deposits from the general public without a license
2026-08-07 19:56:16
2
leonineonline
🥀 :
Oh this is a very well put together researched and articulated report!
2026-08-06 12:13:14
5
willburcleophas
Willbur Cleophas :
Even FNB? Yoh!
2026-08-06 16:02:27
4
molebatsithegreat
Molebatsi Letlhake :
Batho ba makatsa mara waitsi, aba batle ditlhare ko dijareteng tsa bona mara ba investa ko ditlhareng tsako America 😂
2026-08-08 01:34:14
4
sarahmothapo
Sarah Mothapo :
I ask me about it 😏😏😏!!!
2026-08-06 09:20:15
0
preciousminu
Precious Minu|Beauty+Lifestyle :
When I tell you how many times I got recruited for SGK I’m so stingy with my money. I can’t invest in something that wants me to do work.
2026-08-06 07:28:05
2
pl2_56
Coque_____ :
Guys joinang yaka hle😔🙈
2026-08-06 14:25:34
1
gorengmowe
GorengMowe :
I’m happy they got scammed tlhe. Why would someone give you triple the money. Make it make sense 😭😭😭😭
2026-08-06 15:17:16
4
t.k201911
T.kay19 :
😂😂😂 They used to explain u invest then a tree is planted in America n u earn this side ! How stupid they think we are 😂😂
2026-08-06 02:01:42
4
To see more videos from user @groundup_news, please go to the Tikwm homepage.

Other Videos


About