How Kenyans lost millions in online investment scheme

Author: businessdailyafrica.comPublished on: September 14, 2026Country: Kenya
Business & Economy
How Kenyans lost millions in online investment scheme

Edwin Mutuma found out that his account on the QVSE investment platform was frozen on September 7 after investing $500 to trade US stocks. Other investors, like Justus and Regina, also lost money, with some borrowing to participate in the scheme. Relationships deteriorated among friends and colleagues who recommended QVSE, leaving many seeking answers.

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