Ugandans Lose Millions in Capital Chicken Scam – The Ankole Times

Ugandans Lose Millions in Capital Chicken Scam

Tuesday, October 3, 2023
Capital Chicken's Shs1.6 Billion Ponzi Scheme Unveiled - Capital Chicken Closes Down
The Ankole Times
1 Min Read

Capital Chicken, a company that had been operating in Uganda for two years, has closed down and its CEO is missing. This has left many investors wondering what to do, as they have lost their money.

It is unclear whether the authorities will be able to trace the owners of Capital Chicken or whether the investors will have to write off their losses.

This is not the first time that Ugandans have been scammed by investment companies. Last year, another company known as BLQ closed down, leaving many Ugandans out of pocket.

If you have been a victim of the Capital Chicken scam, you should report it to the police and to the Uganda Securities Exchange.

We will keep you updated with every detail about Capital Chicken.



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