In what I imagine can only be dubbed inevitable news, the Matrix Company for Financial Investments has been charged with attempting to defraud its investors after it recently announced voluntary liquidation, which inspired thousands of their clients to pretty much invade the Matrix offices around Jordan to reclaim their investments.
Some of the offices were even attacked, specifically the branch in Irbid where clients smashed windows and tried to attack the staff. According to local media, a “total of 12,500 clients had invested around JD60 million in Matrixâ€™s 13 branches across the Kingdom”.
The Matrix, and other similar companies have pretty much gone unregulated for too long. These people shouldn’t even be allowed to operate. They tend to feed off the poor, taking their money with promises of high returns on investments and the likelihood of them seeing that money is slim. There are more and more “companies” operating on smaller levels, targeting a lot of young working Jordanians. I honestly don’t trust any of them.
But then again, people still play the lottery, so I don’t know.
Emad Hajjaj has a brilliant caricature that depicts the scene pretty accurately I think.