Kabul residents lose savings after unlicensed Gold BS platform ceases operations

Several Kabul residents have lost their life savings following the abrupt closure of the Gold BS online investment platform in two thousand twenty six. The platform, which was not licensed to operate, had attracted investors with promises of profits from gold trading and digital assets through a referral system.

Among the victims is Sakina, who mortgaged her house for one hundred fifty thousand afghanis. In addition, she sold three thousand dollars worth of gold to invest in the platform. Her total losses amounted to six thousand dollars, and she suffered a stroke due to the financial setback.

Najibullah also fell victim to the scheme. He and several family members invested nearly one hundred thousand afghanis. They lost all of their money when the platform suddenly ceased operations.

Da Afghanistan Bank spokesman Hasibullah Noori stated that the Gold BS platform did not hold an official license. He identified key warning signs of fraud, including promises of high guaranteed profits and a business model that depended on recruiting new members.