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Grocery club Up Money takes members' food off the table, says NCC

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The National Consumer Commission says Up Money has been taking money from members and operating like a pyramid scheme.
The National Consumer Commission says Up Money has been taking money from members and operating like a pyramid scheme.

Times have been tough for many South Africans forced to scale back on essentials like groceries due to the economic slump caused by the Covid-19 pandemic.

But for the directors of "grocery club" Up Money, the season of desperation appears to have been lucrative.

The club was marketed as a way for people to save on groceries by paying a R180 joining fee and recruiting four new members. If they did this, they were supposed to get a bag of groceries worth considerably more than their initial joining fee.

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