Whatsapp Gifting Group Scam: Pyramid Scheme

The Whatsapp Stokvel scam that ripped off victims last year is now called Whatsapp Gifting Group. Although the name has changed, it is still the same scam where members are expected to pay up to R200 and hope to receive great returns on their so-called "investment" in less than two weeks. Victims of Stokvel said after joining the group and making their payment, the group administrator disappeared with their money.