European Crowd1 Scam Exposed for Exploiting Africans, Others

A new investigation by BBC Africa Eye has uncovered a global pyramid scam by a high-tech crowd marketing business, Crowd1, run from Europe. Smarkphones are being used to cheat ordinary people across Africa, Asia, and Latin America. Crowd1 describes itself as "the fastest-growing crowd marketing company in the world" and produces social media videos that show members buying new cars and enjoying luxury holidays. The scheme has left behind a trail of debt and poverty in countries including South Africa, Kenya, and Nigeria. The documentary includes shocking testimony from a woman in South Africa who spent her entire life savings on Crowd1, in the belief that she was buying "shares" in a business that would pay out a "salary." Crowd1 has denied the allegations.