INVESTIGATION: Is Development Channel a grand scam?

INVESTIGATION: Is Development Channel a grand scam?

Ugandans have suffered at the hands of pyramid schemes that have sucked their hard-earned moneys with the promise of better returns and later disappeared like a fart in the wind. Gift Circles, Telex Free, D9, ripped off thousands of Ugandans and fled.
With a cloud of doubt hanging over the legitimacy of Development Channel, Matooke Republic’s Investigative Reporter went undercover to unearth the machinations of the company and the motivations of the founder.

On February 27, 2018, the New Vision ran an advert of Development Channel giving free tablet computers to single mothers who had participated in the company’s ‘outreach program.’
This advert was followed another in which Development Channel sought to recruit over 2,500 sales and marketing executives who “did not need to have any education background.”

All one needed to do was to go to the company’s office at Itiri House along Port Bell Road in Kitintale, present his Curriculum Vitae (CV) and get interviewed instantly. Disguised as a job seeker, our investigative journalist set out to Development Channel to ‘get a job.’
Taxi marketing agents
Upon boarding a taxi to Luzira from Nakawa Park, a young lady who only identified herself as Jackie randomly asked if the passengers had heard of Development Channel.

The passengers jeered in disinterest – pointing to the fact that they had already heard enough. But being on a mission, the journalist asked out of curiosity what the company was about.
“It is an amazing company that has these amazing tablets. When you buy one, you automatically get a share in the company which guarantees you $100 for a lifetime,” she said.

Intrigued, the journalist asked to see the tablet only to be handed a “Shareholders Certificate” – a document the company gives you after you pay up the Shs860, 000 for the No dropout Tablet.
With Development Channel, you don’t get the tablet instantly. You pay (read order) and wait for when the shipment arrives.
Probed further about the specifications of the tablet, the marketer admitted that it is not about the tablet but the shares and benefits that accrue after one acquired it.



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