Capital Chicken, a company that had been operating in Uganda for two years, has closed down and its CEO is missing. This has left many investors wondering what to do, as they have lost their money.
It is unclear whether the authorities will be able to trace the owners of Capital Chicken or whether the investors will have to write off their losses.
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This is not the first time that Ugandans have been scammed by investment companies. Last year, another company known as BLQ closed down, leaving many Ugandans out of pocket.
This incident is a reminder of the importance of doing your research before investing any money. It is also important to be wary of investment opportunities that promise high returns with little or no risk.
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If you have been a victim of the Capital Chicken scam, you should report it to the police and to the Uganda Securities Exchange. You may also want to contact a lawyer to discuss your options.
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