On March 5, 2018, an announcement supposedly from Tradex group was posted on a small ads website and later shared on Facebook. The post informed that Tradex group was an investment company based in Abidjan and, anyone who invests CFA50,000 would have a ROI amounting to CFA500,000 within 6 hours. The post also required the investors to provide their Orange Money ID for verification purposes.
In view of these elements, it can certainly be deduced that this is a scam scheme. In addition, the group published a post on its Facebook page on May 8, 2018 to caution users against the announcement.
Let’s also remind that Tradex group is neither an investment company nor is it based in Abidjan. It was founded in 1999 by SNH and specialise in the commercialisation of oil products. The company is based in Douala and operates in Cameroon, Central Africa, Chad and Equatorial Guinea.