Prepayment packages help businesses, but what about consumers?

There is an urgent need to strengthen safeguards across the board after a sharp increase in losses for consumers from 2022.

The beauty industry accounted for the highest proportion of the losses. PHOTO: UNSPLASH
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The recent abrupt closure of an enrichment chain has left customers with substantial financial losses.

Police reports were lodged after Genius League informed parents on May 8 in a WhatsApp message that it would be “winding down operations” without specifying the dates.

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