Monday, August 13, 2012

Ghana's illusory pot of gold

Fool's Gold
Lifting the lid on Ghana's illusory pot of gold and exposing those duping gold speculators out of millions of dollars.




Gold is back. With global investments delivering little returns, the eyes of many investors have turned to the old favourite. But the new gold rush has come with a big rise in scams and confidence tricks. They now represent a major threat for companies and individuals and many of them take place in Africa.

Ghana is the second-largest producer of gold on the continent and is now home to a large network of gold fraudsters. Investors have lost millions at their hands.