Kenyans fear millions lost in popular QVSE ‘investment scheme’
Thousands of Kenyans fear they have lost millions of shillings through an online trading platform known as QVSE after they were locked out of their accounts and told to deposit more money before they could withdraw their funds.
Quant Vest Stock Exchange (QVSE), operated by a man known as Carl Grindan, recruited thousands of Kenyans, mostly mid-level professionals such as teachers, boda boda operators and small-scale traders, with promises that an initial investment of Sh65,000 or Sh129,000 could generate profits and grow into millions within months.
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