The Zimbabwe Republic Police(ZRP) has apprehended a Chinese National Zhao Jiaotong suspected of engaging in fraudulent activities using an E-creator ponzi scheme.
In a press statement, ZRP Assistant Commissioner Paul Nyathi confirmed the arrest .
” The Zimbabwe Republic police confirms the arrest of Zhao Jiaotong (39) in connection with a case of fraud in which unsuspecting members of the public were duped through E – Creator ponzi scheme,” he confirmed.
Assistant Commissioner Nyathi added that the police is inviting members of the public who might have been duped through E – Creator to any nearest police station.
“The Zimbabwe Republic Police is inviting members of the public who might have been duped through E-creator to report to any nearest police station.
“We continue to implore members of the public to exercise due diligence before making any payment to ponzi or pyramid schemes purportedly offering quick investments returns,” added Assistant Commissioner Nyathi.
The E-creator ponzi scheme collapsed last week leaving people clueless where to claim their money and the E- Creator accounts frozen. The arrest of the Chinese national comes as a result of an extensive investigation into a series of financial scams that targeted unsuspecting victims. The arrest also highlights the growing threat posed by cybercriminals who exploit technological advancements for personal gain.
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