Feb 2025 - Mohammed Dewji $TANZANIA Token Rug Pull On Twitter/X - $1.48m (Global)
Mohammed "Mo" Gulamabbas Dewji, born on May 8, 1975, in Singida, Tanzania, is a billionaire businessman, philanthropist, and former politician. He is the owner of MeTL Group, a conglomerate established by his grandmother and expanded by his father. Dewji served as a Member of Parliament for Singida Urban from 2005 to 2015. He is Africa's 17th richest person and the youngest billionaire, with a net worth of $1.8 billion as of October 2024. Dewji was the first Tanzanian featured on the cover of Forbes in 2013.
Dewji grew up in a modest family and attended schools in Tanzania, Florida, and New Jersey before graduating from Georgetown University with a degree in international business and finance. He later joined MeTL Group, where he successfully expanded the company, increasing its revenue from $30 million to over $1.5 billion between 1999 and 2018. MeTL Group operates in various sectors, including manufacturing, agriculture, finance, and telecommunications, and employs over 28,000 people.
In politics, Dewji was elected as an MP for the Chama Cha Mapinduzi (CCM) party in 2005 and served for ten years before stepping down in 2015. He married his high school sweetheart, Saira, in 2001, and the couple has three children. Dewji is a Shia Muslim and follows the Twelver branch of Islam.
In October 2018, Dewji was kidnapped by armed gunmen but was released after ten days, and no ransom was paid. His abduction and subsequent media attention led to significant public support and an ongoing investigation. Dewji's wealth and influence have made him one of East Africa's wealthiest individuals. He is also known for his philanthropic work through the Mo Dewji Foundation and his commitment to the Giving Pledge, which involves donating at least half of his wealth to charitable causes.
"This was a targeted hacking attempt where imposters posed as official platform support. The breach occurred between February 5th at 4:00 PM and February 6th 2:00 AM."
The profit accumulated from the TANZANIA token is reported as $1.48m by LookOnChain.
Mohammed Dewji later posted an announcement update on his X account:
"We apologize for the inconvenience caused by the breach of our X account. The situation is now under control, but we urge everyone to stay vigilant against scams and rely only on our official channels for accurate information."
"We sincerely apologize for the recent incident involving fraudulent posts impersonating Mr. Mohammed Dewji and attempting to scam individuals. These actions are entirely unacceptable, and we firmly condemn them.
This was a targeted hacking attempt where imposters posed as official platform support. The breach occurred between February 5th at 4:00 PM and February 6th 2:00 AM. Thanks to the swift response from X's management team, the issue has been resolved, and we have regained full control of the account.
We urge everyone to stay vigilant and prioritize cybersecurity. Be cautious of phishing links and always verify the authenticity of messages.
We truly appreciate your support and understanding during this time. Ensuring the security and integrity of our platforms remains a top priority."
Further Analysis
Mohammed "Mo" Gulamabbas Dewji, born on May 8, 1975, in Singida, Tanzania, is a billionaire businessman, philanthropist, and former politician. He is the owner of MeTL Group, a conglomerate with a net worth of $1.8 billion as of October 2024. Fraudulent posts about the TANZANIA token, claiming Dewji endorsed it, were shared on Twitter/X after his account was hacked. Dewji later posted an apology on his X account, acknowledging the breach and condemning the fraudulent activity. He explained that the hack occurred between February 5th and 6th, with imposters posing as official platform support. Dewji urged everyone to stay vigilant against scams and prioritize cybersecurity. There does not appear to be any assistance for those affected.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
JupiterDAO $MEOW Token Rug Pull Jokes From Twitter/X > > < < Dr Mahathir Mohamad MALAYSIA Twitter/X Rug Pull
Sources/Further Reading
ZachXBT: Entrepreneur Mohammed Dewji MO's X Account Hacked - ODaily News (Dec 31)
ZachXBT - "Obviously the account for Mohammed Dewji MO was compromised as the deployer address for TANZANIA was funded by the recent THANOS & PUTIN ATOs" - Twitter/X (Dec 31)
LookOnChain - "Mohammed Dewji MO (@moodewji) launched $TANZANIA and sold it to investors, pocketing $1.48M!" - Twitter/X (Dec 31)
Mohammed Dewji - "We apologize for the inconvenience caused by the breach of our X account. The situation is now under control, but we urge everyone to stay vigilant against scams and rely only on our official channels for accurate information." -...ter/X (Dec 31)
Official Tanzania Token - SolScan (Dec 31)
First Mint Of TANZANIA Token - SolScan (Dec 31)
African Billionaire's X Account Hacked by Crypto Scammers - Forbes (Dec 31)
"The token is real and I'm not hacked. You can learn more about $TANZANIA at tanzaniatoken.com." (Dec 31)
84systemerrrortweet (Dec 31)
Mohammed Dewji - "Your energy speaks before your words—protect your peace." - Twitter/X (Dec 31)
Mohammed Dewji - Wikipedia (Dec 31)
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