29/08/2025
PMG Platform Warning
The PMG Platform is operating as a Ponzi scheme, misleading Zambians with false “investment opportunities.” The scheme requires individuals to deposit money with promises that it will grow over time. However, the platform does not hold a license from the Bank of Zambia nor a certificate from ZICTA.
To gain public trust, the promoters have been using influencers and media outlets, including TV stations to advertise and legitimize their activities. Two months ago, they even launched an office by inviting government officials to attend the event.
It is important to note that the same individuals previously operated another fraudulent platform under the names AJ and Jixw, through which they obtained approximately K9 billion from unsuspecting Zambians via Airtel Money and MTN Money before abruptly shutting it down.
Currently, they are attempting to relaunch under a new name, and in some cases, they are even misusing the President’s name to promote their activities—something State House may not be aware of.
We urge Zambians, especially government officials, to exercise caution and avoid falling victim to such fraudulent platforms.