Thousands of Ghanaian youths lose millions of cedis in alleged CWPC Ponzi scheme

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Thousands of Ghanaian youths lose millions of cedis in alleged CWPC fraudulent scheme

Reports emerging suggest thousands of Ghanaian youth have reportedly lost millions of cedis in an alleged fraudulent investment scheme called the Creative Walker Promotion Company (CWPC).  

CWPC is a global digital marketing company headquartered in Sydney, Australia, and has been trending on social media over the past few days.

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Ghanaian social media users are alleging that their funds have been locked with CWPC, triggering commotion on social media as they call for their investments to be returned.

Some netizens have alleged that CWPC operates like a Ponzi scheme, claiming investors receive returns from new deposits rather than legitimate business profits.

In a post shared by SIKAOFFICIAL on X stated, “Thousands of Ghanaian youth have reportedly lost millions of cedis in an alleged fraudulent investment scheme, CWPC, which promised investors huge returns by completing daily tasks in exchange for rewards.

The scheme was widely marketed to unsuspecting victims as a legitimate investment platform, with assurances of guaranteed profits within weeks of making deposits”.

A user wrote, “LSV Asset Management Fund & Co., please pay me back. I’m an unemployed youth, and you want to scam me. Have pity on me and let me cash out, please.”

Another user posted, “The Final Doom – CWPC.”

“CWPC customers, how far with your 25% returns on your investments? If you can’t see a Ponzi scheme in 2026, then you are a mumu person, “A third user questioned.

“If a company can consistently promise returns far above what legitimate investments earn, but cannot clearly explain where the money comes from, it’s usually because the money is coming from the next investor, not from real profits. #CWPC is a Ponzi scheme! Beware!”

Some netizens reacting to the development stated, “I advised a friend about this Ponzi scheme, and he heavily defended this CWPC platform with full chest, saying it’s unlike the other platforms

The rest is history”.

A netizen added, “There are a few facts in the universe and Ponzi schemes showing up time and time again, and the greediness of people to invest in them will always be one of the facts.”

One X user added, “Now, it’s safe to assume that most people gullibly follow everything they see trending without proper checks. When Kasapreko announced their IPO, we didn’t see or hear much enthusiasm like this. Quick money .. hmm.. the bible is always right”.

A netizen noted, “This wasn’t something you could just join blindly. You had to convince other people to invest so you could earn and cash out through referrals. That alone should have made anyone ask questions.

Most people knew the risks. They were hoping to cash out before the scheme collapsed”.

See the post below:

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