28/11/2024
Public Toksave!!!
Renewable Energy Equipment Scam Alert!!!
Over the past few weeks, we’ve been approached by some Papua New Guineans asking for “WhatsApp links” and how “can they join”.
We’ve come to realize that these ordinary Papua New Guineans are trying to join some so-called “online investment” groups dealing with Renewable Energy Equipment rentals or lease as they call it.
One should understand that Renewable Energy Equipment/Appliances are sold to people to install, they are not leased to people. Any company telling you that they are renting their equipment out to people and when buy shares you get paid is a big fat lie. That’s a very clear sign of a scam.
These online businesses are simply a Pyramid scheme, where the owner of the scheme is at the very top, followed by his agents, then by those first few people who invest and then the next group of people that invested and so on down the pyramid. The first people will get paid because they are paid from the money invested by the next group of people. The more people continue to invest in the scheme, the people up the pyramid gets paid off. This will continue until there’s not enough people to join and then the scheme will crumble. That’s when the owner of the scheme and his/her agents run off with everyone’s money leaving the people (so-called investors) waiting in vain.
Please be on alert and don’t join these so-called online investment schemes. You will only lose your hard earned money. Remember, you have to work hard to get things including money. Anything that entices you to relax and collect money is definitely a scam.
Also, we have some working class Papua New Guineans encouraging and inviting people to join these online schemes in order for them to get bonuses. These individuals should be ashamed of themselves. They are prying on people’s lack of understanding of how investing works and are earning money off that.
With that being said, do note that PNG Green Energy Ltd is a genuine PNG owned company doing work in the renewable energy sector. We do work on TANGIBLE renewable energy equipment and projects. For any renewable energy (Solar, Wind, Micro-hydro, Biogas, etc.) services ranging from feasibility studies to design/sizing, procurement and installation/construction, do reach out to us.
NOTE: WE ARE NOT AN ONLINE INVESTMENT SCHEME!!!
Thank you.
