Joe Jackson blames Ghanaian celebrities for the Menzgold saga

Joe Jackson blames Ghanaian celebrities for the Menzgold saga

A financial analyst, Joe Jackson, has reportedly claimed that some Ghanaian celebrities are responsible for the Menzgold scandal.

According to a report by, he claimed that Menzgold’s clients should blame Shatta Wale, Sarkodie, Becca and others for their woes.

He argued that the actions of the celebrities compelled some Ghanaians to invest their monies at Menzgold.

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“In terms of holding people accountable, I think the people who should be held most responsible are all those so-called celebrities; people of responsible influence and give credibility to this scheme,” Joe Jackson stressed.

Thousands of customers have their monies locked up in the embattled gold trading firm, following the Securities and Exchange Commission (SEC) directive, ordering the company to shut down for trading without appropriate licenses.

There have been several reports of hardships the customers are facing even including some losing their lives.

In his opinion, though the woes of customers regrettable, persons who tried to warn them about the potential of it being a Ponzi scheme were branded enemies of progress.

His comments, however did not go down well with some social media users, and they expressed their opinions in that regard:

Afriyie wondered why the celebrities should be blamed.

Somuah added that it makes no sense.

Arkoh however agreed that they are to be blamed.

To Daniel, the statement made no sense.

An arrest warrant has been issued to the Ghana Police Service to apprehend the Nana Appiah Mensah as well as directors of the company.

He is being sought after in about 194 countries by Interpol for defrauding by false pretense.

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