Ghanaian dancehall artiste, Shatta Wale who made a major comeback into the music industry in 2013 has been relevant with back to back hits.
Last year, the dancehall artist was signed into new giant record label Zylofon Music for $1.5Million.
The signing shows many fans celebrate the star at the Zylofon Media heads off at East Legon.
The star was then given a home and a luxurious car as part of the signing.
According to an insider, the star is now a very broke artist as his monies have been taken away by Menzgold.
Although we all saw him given $1.5million he was asked to invest his monies back into menzgold and also his personal monies he had made from 2013 to 2018 to gain some more returns.
The deal looked very clean but the mission was given to the CEO of Menzgold – Nana Appiah Mensah was to be able to take more monies from Ghanaians.
As at now, the home given to Shatta Wale and the new cars he did buy has all been taken away from him also, his returns and monies which he has to get from Menzgold have also been taken away from him as well.
Although Shatta Wale is looking all flashy, he isnt having the much monies we expect him to have.
According to our source as well, Stonebwoy, Obibini, Becca and Jackie Appiah could have been a very serious victim but they have gotten their monies already and are intact with their wealthy lifestyles.
The source also makes us know that the monies involved in the Ghana Football League have all been taken away as well known footballers have become victims of the fraud from Menzgold as well.