Shadaya, a self-proclaimed alpha male, took to Twitter to mock all men who invested in E-Creator.

He stated that they were “simps” because they ignored all red flags and advice from others.

“Any man who got scammed by this e-creator Ponzi/Pyramid is simply a simp,” posted Sahadaya. “Money & women are not so much different things.”

He further stated that there is no such thing as easy money and that money is earned, not given.

“There’s no such thing as easy money, money is an exchange of value, it is earned not given. Whenever you ignore logic, you’re bent to get punished for being an idiot,” tweeted Alpha.

E-Creator Scandal

A Zimbabwean Ponzi scheme called E-Creator has reportedly collapsed after its alleged founder and Chinese national, Zhao Jiaotong, absconded with all the deposits made by the company’s employees. The scheme had recently been trending on social media.

E-Creator Accuses Zhao Jiaotong of Fraud

The collapse of the scheme was announced on social media by E-Creator itself, which accused Jiaotong of fraudulently withdrawing cash from employees’ EcoCash accounts with plans to flee the country.

E-Creator Ponzi Scheme: Shadaya Mocks All Men Who Fell Victim To Pyramid Scam!

The company posted a purported identity document of Jiaotong and called on members of the scheme to help recover the stolen funds.

E-Creator Unable to Honour Withdrawals

E-Creator had recently admitted that it was unable to honour withdrawals. They claimed that it had obtained the E-Creator Merchant Account of EcoCash which needed to be connected with EcoCash.

The company had promised its employees that they need not worry about cash withdrawals, as the company headquarters would handle all related issues.

E-creator is Dead, Founder Flees with US$1m (or so we’re being told), Evangelists already Promoting other Scams:

E-creator was a scam from the very beginning and unfortunately, it managed to fool many of our comrades. I know that many will find it hard to sympathise with those that lost out, I understand that, but let’s try to.

Yesterday, we discussed how E-Creator’s statement on why they had delayed withdrawals was nonsense. Today, we have to talk about the company’s closure.

E-Creator released a statement on their Facebook page, which reads:

This person’s name is Zhao Jiaotong, he is a Chinese, he is the founder of E-creator, and he is currently withdrawing money through the Ecocash agent in Harare, and he will transfer money to his personal Ecocash to ask someone to help him withdraw money or through The method of transferring funds to the Ecocash agent to defraud E-creator employees of funds, he tried to leave Zimbabwe tonight, carrying all the deposits of E-creator employees, due to his departure, E-creator was forced to close, I am very sorry, He has more than 1 million US dollars on him. If you find him at the airport or on the border road, you will get back the money you lost. Let us all find him and get back the money that belongs to us.

I hope we all know not to take anything these E-creator guys say at face value. They have been lying from the get-go and trying to cover their tracks by using vague phrases and broken English.

What have we learnt from their statement? E-creator has shut down and they are very sorry about that. This is something we can believe, except for the being sorry part.

Zhao, the scapegoat

The rest of it is nonsense in my opinion. Now that they are shutting down, we find out about a Chinese founder who is single-handedly responsible for defrauding everyone. It’s too convenient. Almost as if it is made up.

I don’t believe Zhao exists. However, even if he does, the story given above does not make any sense.

If we consider the EcoCash story they are spinning, we are left scratching our heads. See, there are transaction limits when using EcoCash USD wallets. One can only send or withdraw a maximum of $500 per transaction and one can only have four such transactions per month.

So, you cannot withdraw more than $2,000 per month.

The statement above says Zhao sent ‘company funds’ to his personal EcoCash account and then proceeded to withdraw it. Well, he could not withdraw more than $2,000 a month and so he would have needed over 41 years to withdraw a million dollars.

The statement says he also sent money to EcoCash agents so that they could withdraw on his behalf. The EcoCash transaction limits we talked about affect transfers too. You cannot send more than $2,000 a month.

You know what’s even crazier, you cannot hold more than $20,000 in your EcoCash wallet. This may change in the future but currently, you cannot. So, how could Zhao embezzle a million using EcoCash when it can’t? It’s all a web of lies coming from E-creator.

Luckily, we do have some names and faces. Justin Kuchekenya paraded himself as CEO and one Abraham Mutambu took on interviews selling the scam. These two can point us in the right direction. If it’s Zhao or someone else, they would know.

The evangelists have no shame

Whenever we talked to E-creator members, we ran into the ‘I know it’s a scam but I’ll come out with a profit’ gang. Now, we are all adults and if someone wants to join a pyramid then by all means, let them.

We would leave them be if it weren’t for the fact that they recruit other people to their scams. These people they recruit do not quite understand that the whole thing is built on a lie and so they pour in their life savings and lose out in the end.

So, right now, these early adopting evangelists are not even in mourning. They made tens of thousands before E-creator went belly-up.