The Central Bank of Samoa, on 24 April, issued a warning about BG Wealth.
Photo: RNZI/ Koroi Hawkins

Samoa’s government has distanced itself from a cryptocurrency scam after three senior ministers, including the country’s Deputy Prime Minister and Minister of Finance, were pictured with individuals promoting an alleged wealth creation entity.

Last week, Samoans associated with ‘BG Wealth’ shared photos online with Samoa’s Finance Minister Mulipola Anarosa Ale-Molioo, Health Vaaaoao Salumalo Alofipo, Commerce, Industry and Labour Minister Fata Ryan Schuster.

The Central Bank of Samoa (CBS), on 24 April, issued a warning about the entity, stating “BG Wealth shows strong signs of being a scam, commonly known as a Ponzi or…