Another one.... It will always end in tears, promises of huge returns and lack of due diligence!

There is no shortcut to wealth or riches

What about chinmark?? What ever happened to that guy?

Agritech investments that year


Most of them ran down due to debt I guess not necessarily scam, intention to scam or ponzi it was more of crowd funding.

The ROIs they promised seemed not sustainable in the long run and then there was one Sec policy that came later on.

Then came the emails upon emails with orishirishi explanations and then they just went quiet.

I still feel the problem was from the ROIs, 15-20% seemed much if you ask me some were even higher .

I want to think if there are still any one of them in business (which I doubt) it will be the ones with max 10%RO1.

There is/was an agritech investment thread on NL.

H

JADEK04:
I think something like this happens to me,I was doing genuine and making good retun in agro,cashew,soya nd Maize,I have to bring more people's nd giving them 10 to 20% per month, untill one of my staff run away with my 15m ,I ran into debt,can't meet up with the partners ,but Intead of running away ,I face the challenges to protect the Image, I start over a gain nd recruit new body....not yet there but almost there,like u say ,they may run into debt md can't withstand the pressures.

Is your business registered by SEC. if no, do so to avoid going the way of Ovaiozah

dalaman:


Everything na packaging including Dangote refinery.

Don't put Dangote's refinery in the same league with outright scammers.

If I tell you the same about Innosons now, you woykd start spitting everywhere.

Everyday for the thief.....

Treasure17:
Nigerians and scams are inseparable.

Nigerians and easy ,quick, big profit without work are inseparable. If one invest 21m in cattle farming he will make money with time, but our people don't want to wait or labor, they want big, instant returns as an arm chair investor everybody wants to be in Nigeria.
More will continue to fall to similar schemes

BloomingDale:
“At this point, Ayoola decided to push all his earnings into the business”

Lol. 😀🤣😂😀

kai... Some people neva learn.... All dis ponzi scheme organised by yahoo boys on suit....

.

HayB100:
Lol, this exact case reminds me of Melissa Cardic, that woman had no joy, she scammed friends, families and co workers. She remains one of the GREATEST investment scammers in history. Even in her grave, investment no stop🤣🤣🤣🤣🤣

E get one law student for UNEC wey scam even his lecturers. He called his own elifeseries.

Around this time last year, people were crying because of Ovaioza. These people never learn

Well... You people should keep 'investing'!

If MMM taught you people nothing, then you all deserve to keep getting scammed and duped!


Greedy and stupid citizens!!!

But some Nigerians stoopid gaan shaa! Small fancy advertisement, you don move your retirement benefits fiam! Like what the hell!!! If not for greed, why will anyone think of that? I thought these things are to be done with spare money, not money of life and death. One of the first unwritten rule of being a Nigerian is to be smart. Never be caught off guard. Emi laye mii, make I move one million into an online venture, even with physical address, for where!

KingOfTheDamned:
Simplyleo aka omenka aka LeoDeKing

Agriculture investment business men them 🤣🤣🤣🤣🤣🤣
You see them online claiming they don't work for anyone that they are Abuja bigbiys after scamming people using agriculture .

Most of these scammers converted to Tinubu supporters overnight to hide their crimes

Imagine the numbe rod victims this farmforte has reaped odd

Hahahahaha

GODPUNISHALABI:
What about chinmark?? What ever happened to that guy?

He don chop the money clean mouth. Nothing go happen to am

Pablo Escobar no do reach this. This is bad and the government should pls come to the aid of the investors.

How can there minds be at rest or peace chilling with people's hard earned sweat.

From their trousers ye shall know them

id4sho:
MAVRODIANS assemble here

the real throw back

Femeto:
Na one country dey accept all of them st kitts and nevis. Just like the Pastor Chris church members husband and wife una no fit catch them.

Panama
Malta
Jamaica
Etc!!!

Options plenty for these crooks!

What are you saying?

omoadeleye:
Sorry guys, they didn't scam anyone they just ran into debt and can't pay back and can't withstand investors again so they had to skedaddle.

Just move on to another scheme

Nigerians are sharp people but when it comes to high return investments and politics they always fall hand.

Politicians and high ROI investors will always catch Nigerians mugu always, twice on Mondays.

But truly I don't think these guys intention was to scam. I think they just ran out of money. I have been to their shop on admiralty way Lekki and it is beautifully situated facing the water. The product is good quality and they employ a lot of workers. Upstairs is a restaurant and downstairs a juice and muffins bar and middle floor is the supermarket. Then one day a few months ago I went in and the shelves were empty and it looked like they were packing out and running. Even the frontline workers looked confused and didn't know what was happening. I bet they do now. I asked the guy in the bread and wine section if they were closing down and even he looked befuddled and confused and didn't know what was happening

pyyxxaro:
Warri boys when get Benin Blood 😀



It’s all about the Benjamins 😊

they both from Benin. Not warri

nedekid:

So no be still scam?

Don't mind that clown...!

Treasury Bills, Mutual funds (especially Money market funds,fixed income funds) FGN Savings bonds, FGN SUKUK Bonds, Shares /stocks on the Nigeria Stock Exchange are places to invest in short term and long term in Nigeria with long patience and diligence which one will get good returns on investment.

Flangelo12:


Don't put Dangote's refinery in the same league with outright scammers.

If I tell you the same about Innosons now, you woykd start spitting everywhere.

Dangote refinery is in the same league with these fraudulent companies in reality. Let me explain. We are now in an enegry transition era, refineries are now low profit margin businesses. Infact White people don't build refineries anymore, and the few ones they built in the past 10 years are all not more than 250bpd. Check out all the refineries world wide and see their profit margin despite high crude oil prices. Dangote went and built a 650bpd single train refinery knowing very well that refineries don't make any serious profits anymore, he sent the liar and scammer Godwin Emifiele to lie that the refinery has started paying its debts. Which is an outright lie and a fraudulent claim.

Once the refinery starts operating, he will Issue and IPO and people will run to go and buy the shares, that will increase his personal wealth to over $50 billion. The refinery will no longer be based on the profit or loss it brings but based on the shares that are traded. Its a ponzi, but a legitimate one because we live in a world where might is right.

I will keep reiterating that To make money is very easy than to find True Love.

In Nigeria, You will make money easily if you are Intelligent and have a Stone & Dark Heart.

The only downside is Karma which you can never escape in your lifetime. I know all these things but i value my peace of mind more than anything.

There are too many Gullible and educated illiterates in Nigeria. Even the Politicians and Elites are not that Wise. If not for Military Might and Other Paramilitaries. That's what they mostly depend on as Power. Remove this and they will become ordinary people even with their Spiritual Might.

Sad

Ofunaofu:
“They were well organised. I call it organised crime

who knows how much obaseki himself invested as he accepted their projects commissioning invitations or he joined hand with them scam Nigerian

clockwisereport:


E get one law student for UNEC wey scam even his lecturers. He called his own elifeseries.

Around this time last year, people were crying because of Ovaioza. These people never learn

Lol, people will NEVER learn, omo, anything related to online investment, I WILL NEVER EVER do it. If they are earning millions from it, all the best for them, I am always cautious 🤣🤣🤣🤣

Gozac:

Nigerians and easy ,quick, big profit without work are inseparable. If one invest 21m in cattle farming he will make money with time, but our people don't want to wait or labor, they want big, instant returns as an arm chair investor everybody wants to be in Nigeria.
More will continue to fall to similar schemes

Absolutely