{"id":26923,"date":"2023-05-12T15:13:02","date_gmt":"2023-05-12T15:13:02","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=26923"},"modified":"2023-05-13T09:53:05","modified_gmt":"2023-05-13T09:53:05","slug":"consumer-authority-opens-police-case-against-ecoplexus","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus","title":{"rendered":"Consumer Authority opens police case against Ecoplexus"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>The Competition and Consumer Authority (CCA) has opened a case against Ecoplexus with the Botswana Police\u2019s Serious Crime Squad, after noting \u201cdominant criminal elements\u201d in the investment scheme.<\/b><\/p>\n<p>The Authority\u2019s spokesperson, Gladys Ramadi, told that the latest developments followed a preliminary investigation into the collapsed investment scheme.<\/p>\n<p>\u201cIt should be noted that the Authority can only investigate the civil part of the scheme while Botswana Police Service will investigate the criminal elements of the scheme,\u201d she said in an emailed response to questions this afternoon. \u201cDuring the Authority\u2019s preliminary investigations, it was observed that there are criminal elements dominating in the scheme. \u201cThe Authority has therefore registered a case with Serious Crime Squad for criminal investigations.\u201d<\/p>\n<p>Ramadi said investigations are ongoing and at an early stage, adding that more information would be shared as soon as the probe is concluded. She confirmed that the Authority had been receiving complaints against Ecoplexus \u201cfrom across the country\u201d.<\/p>\n<p>\u201cThe public should be warned that practicing, participating and promoting any pyramid and related schemes is an offence under the Consumer Protection Act,\u201d she said.<\/p>\n<p>Ecoplexus promised its members triple-digit returns in exchange for their investments into what it claimed were renewable energy projects across Africa. Members were encouraged to keep upgrading the level of their membership in the scheme by adding more money and also recruiting new members.<\/p>\n<p>However, earlier this month, the scheme ran into trouble as investors began questioning its legitimacy and demanding their investments back. Ecoplexus scheme-runners suspended payouts and have since given members numerous excuses, including the allegations that funds are frozen at First National Bank Botswana.<\/p>\n<p>On Tuesday, the local bank denied the allegations, instead advising the public to \u201cexercise caution when they are approached to deposit money into any FNB accounts under the pretext that they are owned by Ecoplexus\u201d.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. The Competition and Consumer Authority (CCA) has opened a case against Ecoplexus with the Botswana Police\u2019s Serious Crime Squad, after noting \u201cdominant criminal elements\u201d in the investment scheme. The Authority\u2019s spokesperson, Gladys Ramadi, told that the latest developments followed a preliminary investigation into the collapsed investment scheme. \u201cIt should be noted that [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":26922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,237,234],"class_list":["post-26923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Consumer Authority opens police case against Ecoplexus - Botswana<\/title>\n<meta name=\"description\" content=\"The Competition and Consumer Authority (CCA) has opened a case against Ecoplexus with the Botswana Police\u2019s Serious C ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consumer Authority opens police case against Ecoplexus\" \/>\n<meta property=\"og:description\" content=\"The Competition and Consumer Authority (CCA) has opened a case against Ecoplexus with the Botswana Police\u2019s Serious C ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-12T15:13:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-13T09:53:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/05\/postQueueImg_1683886743.53.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Consumer Authority opens police case against Ecoplexus\",\"datePublished\":\"2023-05-12T15:13:02+00:00\",\"dateModified\":\"2023-05-13T09:53:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus\"},\"wordCount\":324,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/05\/postQueueImg_1683886743.53.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/consumer-authority-opens-police-case-against-ecoplexus\",\"name\":\"Consumer Authority opens police case against Ecoplexus - 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