Nellsworld:

I am into fish farming, if i tell an investor to invest in my farm, like 5,000,000 naira, i can only promise him or her 10% yearly for the nxt 10 to 15yrs, y becos of every week increase in feeds, no business will give an investor 40% ROI monthly or quarterly especially in 9ja

nosiebaba:
It's only an unwise person that will believe these kind of ponzi. So called social media influences are fools always pushing people to be scammed. Very soon advertising a fraud will attract jail time.

Nellsworld:

If a family member tell them to invest in his/her business, they go say, dey no get, but they get millions to invest in an online farm

Newboss:
This country funny.

See as one guy ask them to join telegram group. Another round of scamming loading.

I don't know why my mind is like this.

TOPCRUISE:

It's obvious that N2m is nothing to you as you are opening teeth ontop this thread

naptu2:
Investors in Eatrich Farms, an agricultural investment company, are up in arms because they allege that they have invested a lot of money in the company's schemes, yet they have not been paid since June. They have attacked and blamed social media influencers who they claim convinced them to invest in the scheme. Some social media influencers have dissociated themselves from the scheme while some employees of the company have also complained that they have not been paid.


Here are some of the claims of the company, the complaints of investors and the disclaimers by social media influencers.

yemi1504:


If one is not in the industry, one will not know that! Seems interests greater than 12 to 16 per cent per annum is a scam these days!

armadeo:
When all these clowns on nairaland are shouting invest invest this is what they have in mind. Lol.
.
If I am not physically involved in the matter forget it. I've learnt from micheno. I dodge mmm crash by whiskers.


If you like let your ROI be 0.5% per decade I no dey give anybody my money


Never again.

BruncleZuma:


It always ends in premium quality tears...

I tell you, you no gree, I advise you, you no hear
I tell you, you no gree, your friends dem talk put, you no gree
You say all na story, dem tell you, you no gree
Mother beg you, you no hear eh

When the time is right my brother eh
Telli person, telli person
O dem no dey telli person
When your eyes go clear o
Telli person, dem no dey telli person
Yeh, telli person


[img]https:///media/9-10-2021/Xhz0Sl.gif[/img]

yemi1504:


But the interest is quite low enough to actually deceive people! I was almost deceived too! Facebook is also culpable for this for those horrible advertisements they allowed on their platform during that period.

ivolt:

Its really not about the interest rate but the promised consistency.
I know someone who went into farming and made profit in the first season but lost about 80% of his
investment on his second trial.
Imagine if he had collected money and promised people sure profit based on his first experience?

There is nothing wrong with farm investments, but investment schemers often hide important information
about risks involved from their subscribers.

franchasng:
All of them are pyramid scam, it will crash

nextstep:
What's really sad is that this kind of nonsense is making it hard for legit groups to raise money.
There are lots of legitimate business opportunities in Nigeria; you don't have to start a ponzi scheme.

But it seems no matter how much due diligence we do, and how much trust investors have, there's always some k-leg. I just don't understand why. Is it not reasonable to collect 10M - 100M, reap 10% annual profit, keep 3% for yourself, return 7% to investors. Why be greedy and steal it all?

And Nigerian investors need to be very careful. Anybody promising over 30% annual profit should be suspect. Forget 30% over 3 month.

goodigoodi:
Ambassador Sam Afolabi eatrich farms came to Ondo Town Around June this year to conduct a kangaroo skill acquisition , he used the opportunity to snapp pictures with multitude of crowd and made a lot of bogus promises to attract the crowd , the second day he left for Lagos without fulfill promise made and pay any candidate and facilitators of the skill acquisition project
What surprised me most was he brought his father who is a pastor and his mother to the podium to make a speech in that fraudulent event , so his parents surppoted him and they are pastor for that matter

Nellsworld:

If a family member tell them to invest in his/her business, they go say, dey no get, but they get millions to invest in an online farm

Newboss:
This country funny.

See as one guy ask them to join telegram group. Another round of scamming loading.

I don't know why my mind is like this.

mastermaestro:


Please don't let me laugh. Online farm indeed.

Guyman02:
You spend years with all the accruing risks working to raise money and have savings for the future, then suddenly someone you have never met tells you about an investment that will transform your life with quick returns, they send you pictures and videos of luxury lifestyle you can get just by entrusting your hard earned money to them and they end up scamming you.
Tomorrow another one will spring up with a different package and people hoping to get rich quick keep falling for it.

In Abuja the Hajia in Famzhi Investment Company used the same scheme to collect billions from people.

What they do is to tell people that they use your money to invest in agriculture with high return, they put up bill boards across major roads, they will even show you a 1000 hectares farm of rice with a value of N10M, meanwhile they have collected N1B from 100,000 for the same farm while paying people using Ponzi scheme and claiming it's proceed from harvest until they can no longer pay and they close shop and flee with people's money, they will sell the farm without their subscribers been aware.

I have been surviving on my savings after I lost my job because I refused to invest my pay off into any of the many schemes flying all around while doing little physical business and hoping for a breakthrough soon. Even my wife thought that I am not ambitious because I refused to invest in these scams, today she has come to her senses after seeing people crying over their loss while retaining fake hope the would return with their money.
I don't have my money hanging on any computer screen that I can't access whenever I need it.

Nellsworld:

If a family member tell them to invest in his/her business, they go say, dey no get, but they get millions to invest in an online farm

lalajnr:
Yahoo's boys don collect this poor people life earnings I pity the innocent people


Those influencers are stoopid you don't even value the life of your fans your own is just for your selfish benefits


Like leaders like citizens

Eroms4life17:
This is why we talk of hyperfund. It has been on since 2019. They own three cryptocurrency exchanges which are okex, BLOCKCHAIN global and hoo (please google them). The owner Ryan xu owns 3 percent stake in binance.From those companies they generate millions of dollars everyday. This alone is enough to convince anyone. It's a long term investment but you get 0.5 daily rewards unlike the nonsense eatrich promised. You can withdraw your earnings after the very first month. They are not well known in Nigeria. This is why u should take advantage of the opportunity now. To know more check my signature.