No arrests in GEMCUE scheme that duped thousands

4 days ago

Maldives Police Service has stated that, as of now, no arrests have been made in connection with the GEMCUE Investment Scheme (GMCE), a pyramid scheme to which thousands of Maldivians have reportedly lost millions. The withdrawal of earnings via GMCE application was first disabled on June 19th. Although concerned, investors placed their trust in GMCE’s assurances that the issue would be