Loom is changing lives; not a scam – Group refutes EOCO scam alert

A group, calling itself the Looming National Members, has refuted a statement by the Economic Organised Crime Office (EOCO) which described the investment deal as a scam and cautioned Ghanaians to stay away from it.

In a statement issued by the group, it said its members, numbering about 100,000 people, wish to set the records straight on some distortions by the Securities Exchange Commission and the EOCO.

“Looming is not a company owned by someone to be licensed, looming is not a money deposit company to be illegal or a scam,” the group claimed.

The group encouraged its members to be calm and continue pushing to add more people because it is really changing lives.

Below is the full statement:

Source: adomonline.com