A Ghanaian teacher has taken ‘Loom’ to a different level by teaching his pupils how to pronounce it in class.

Loom is a new ‘quick money scheme’ going viral in Ghana. With Loom Money, all you need to do is to invest as low as GHC50.00 and get GHC400.00 in return.

Read Also: All you need to know about Loom Money


Loom Money is Pyramid Scheme just like ‘peer-to-peer’ money-making scheme.

So after investing the GHC50.00, you invite friends and families to join. So as more people join, everybody gets his/her GHC400.00 — that’s GHC350.00 of profit on just GHC50.00.

Read Also: “Apart from Bloomberg, I’m Richer Than Any Politician In America” –

This ‘quick’ way of making money has made many Ghanaians anxious. They have been convinced beyond imagination to join as many groups as they can.

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The Securities and Exchange Commission (SEC) has however cautioned the public against transacting business with new investment firm, Loom Money .

The video is currently causing a lot of laughter on the Internet.

Read Also: Loom Money is not licensed – SEC

Watch Video Below:

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