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    Financial scams target women in Yemen

    Smart WealthhabitsBy Smart WealthhabitsMarch 27, 2026No Comments1 Min Read
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    Financial scams target women in Yemen
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    In Yemen, after more than a decade of war and economic collapse, thousands of women seeking financial independence thought they had found a way out of poverty. Online trading platforms – often promoted by friends and family – promised huge returns on investment of 20%, even 50%. But the companies were frauds. And in a single week, one particular company disappeared with $12 million from nearly 40,000 investors. Hashed Mozakar and Bassem al-Nawawi spoke to victims in Sanaa about how these scams spread, and how they exploit people desperate for income.

    Financial scams target women Yemen
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