Police used tear gas to break up a protest by hundreds of investors who lost money in a Ponzi scheme that stretched across Darfur region and beyond.
A UN official who asked not to be named told Reuters that round 2,000 people gathered in El Fasher, the capital of North Darfur, after discovering that the scheme collapsed.The UN official said it was a Ponzi scheme, referring to a pyramid model where money is illegally paid from one investor to the other and presented as profit.
He added that the illegal scheme has been going for months and it went beyond El Fasher to the Diaspora.
North Darfur’s regional government said a number of men had been arrested after investors complained about losing big sums.