How police lent credibility to the Morita pyramid scheme
And so did the Forestries department and a municipality
Morita Forestry's pyramid scheme duped South Africans out of millions by leveraging photographs and videos, particularly those featuring police officers, municipal employees, and officials from the Department of Forestry, Fisheries and the Environment (DFFE). These images were used to create a facade of legitimacy, making the scheme appear genuine to investors.
Morita organized events, including planting trees and a "friendship exchange" with SAPS officers, which were filmed and distributed as promotional material. The department, however, denied any official relationship with Morita and clarified that the tree sponsorship was limited to a single campaign. The municipality, which was introduced to Morita by the DFFE, continued to credit Morita as a key stakeholder in its sustainability efforts.
Despite these assertions, Morita's scheme collapsed, with its online assets taken down. Victims of the scam cited the promotional images and videos as the reason they invested, illustrating how credibility can be misleading and the importance of conducting proper due diligence before participating in any investment.
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