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40 Pages«<3536373839>»
Cytonn Investments
paulkimani
#721 Posted : Saturday, April 04, 2020 6:39:41 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
Perhaps. But for the silent readers, the ones thinking about investing and browsing - I’m sharing for them. Stay safe
hamburglar
#722 Posted : Sunday, April 05, 2020 11:03:12 AM
Rank: Member


Joined: 12/17/2011
Posts: 886
paulkimani wrote:
Perhaps. But for the silent readers, the ones thinking about investing and browsing - I’m sharing for them. Stay safe



I think smart investors should listen to what paulkimani is saying about Cytonn. This ponzi is soon going to explode in people’s faces. The damage in terms of monetary losses to investors will be legendary. It’s going to be unprecedented in Kenya. I too have always wondered, apart from Amara Ridge in Karen consisting of 10 houses that have still not yet been sold 5 years in, how do these guys generate money that allows them to float up to 20% returns in interest to investors? Something is very very amiss here, I would be very scared if I have money invested in Cytonn. That’s just my opinion though, I might be wrong but my hunch tells me otherwise.
paulkimani
#723 Posted : Monday, April 06, 2020 4:37:10 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
paulkimani
#724 Posted : Monday, April 06, 2020 7:18:38 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
paulkimani
#725 Posted : Monday, April 06, 2020 9:30:33 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
https://twitter.com/crac...247161000891056137?s=21

And many more, but you all get the point
NewMoney
#726 Posted : Tuesday, April 07, 2020 12:01:33 AM
Rank: Member


Joined: 3/1/2019
Posts: 142
Location: Nairobi
Investing in a product that offers 18% return is just naive, there is no way Cytonn could make it, no company or business can guarantee that kind of return. Either someone lied to Cytonn or Cytonn lied to it's clients.
paulkimani
#727 Posted : Wednesday, April 08, 2020 12:51:43 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
https://twitter.com/ann7...247818646300364801?s=21

And for those currents investors or silent reader, please see below link which simply explains a ponzi. As many threats and insults I have received on this thread, I continue for the greater good. I appreciate the above support from my fellow Kenyans.

https://www.investopedia.../terms/p/ponzischeme.asp
winmak
#728 Posted : Wednesday, April 08, 2020 1:41:02 PM
Rank: Member


Joined: 12/1/2007
Posts: 496
Location: Nakuru
paulkimani wrote:
https://twitter.com/ann74069942/status/1247818646300364801?s=21

And for those currents investors or silent reader, please see below link which simply explains a ponzi. As many threats and insults I have received on this thread, I continue for the greater good. I appreciate the above support from my fellow Kenyans.

https://www.investopedia...terms/p/ponzischeme.asp



your twitter link is broken, repost
For investors as a whole, returns decrease as motion increases ~ WB
paulkimani
#729 Posted : Wednesday, April 08, 2020 2:00:25 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
winmak wrote:
paulkimani wrote:
https://twitter.com/ann74069942/status/1247818646300364801?s=21

And for those currents investors or silent reader, please see below link which simply explains a ponzi. As many threats and insults I have received on this thread, I continue for the greater good. I appreciate the above support from my fellow Kenyans.

https://www.investopedia...terms/p/ponzischeme.asp



your twitter link is broken, repost



It’s not broken. Cytonn complaints often get removed or somehow the owner of the account mysteriously deletes the account. I don’t know why. This lady had commented on an old Tweet of the Cytonn CEO and had asked why she can’t remove money she needs to feed her family as she can not work at her job right now because of the Nairobi travel ban. She said her funds were eligible for removal and Cytonn wouldn’t let her and was asking Edwin Dande to help.
stoner
#730 Posted : Friday, April 10, 2020 6:43:44 AM
Rank: New-farer


Joined: 10/31/2017
Posts: 13
The Standard and Daily Nation normally publish the daily yields of all the money market funds in their printed newspapers.However,I dont see these daily yields in both editorial houses online "newspapers".Sisi ni digital and dont buy printed newspapers so where can one find the daily yields of all money market funds online?
paulkimani
#731 Posted : Saturday, April 11, 2020 9:26:50 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
https://twitter.com/cege...248659151753969670?s=21

https://twitter.com/ann7...247818646300364801?s=21

https://twitter.com/ehda...247834951682265089?s=21


Hey!
Cytonnaires! And all the haters including Horton!
Want to hear a funny story?

Just for those “cytonnaires” - Edwin said in his last message that they won’t release funds for another 3 months and it is working their right to do so.
Where are all those Cytonnaires now telling me how Cytonn is so great and reliable with your amazing interest rates of .. 18-20%? Those interest rates don’t help when you can’t access your money during a pandemic. How heartless of Cytonn. And why?

Because no one has money to invest right now. So Cytonn isn’t getting new money.
Their real estate business has always quite frankly been an absolute joke and disaster.
They have zero money coming in, so they can’t give all the Cytonnaires their money back because then the whole ponzi comes crashing down.

While banks are lowering interest rates and small businesses are struggling and our fellow Kenyans are starving, Cytonn is sitting there with that 1000 bob the boda boda rider saved in a week and invested with them - hoping it would make him a profit when he needed it....
I’m guessing he needs it now, more than ever. But no - this is when the big corporation - Cytonn, who are always saying customers are their first priority... don’t give him the money he needs, which is rightfully his - to feed his family now. When he needs it the most.
Angelica _ann
#732 Posted : Saturday, April 11, 2020 10:29:04 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,486
From that Dande's tweeter reply to Ann, rule no 2, if this is true, then people are doomed:

2. We manage the fund according to the board of investors, the board in the interest of all investors extended all HYS maturities by 3 months,per contract.

d'oh! d'oh! d'oh!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
paulkimani
#733 Posted : Saturday, April 11, 2020 10:34:36 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
https://twitter.com/cege...248660267057270785?s=21

Would highly advise Cytonn investors to collaborate and file a formal complaint before it’s too late and all your money is gone.
The contract might have said they can extend/not pay for another 3 months - but this is a pandemic, and every single
other company (non ponzi) has waived it in interest of their investors who they know might be relying on the money.

Cytonn has, and always will be a ponzi, not a company. Before it’s too late and all the money has disappeared (please remember a few months back when CMA
distances themselves from Cytonn and their bank trustee dropped Cytonn. They haven’t got a new trustee. They are not regulated)

File a formal complaint before all your hard earned money goes in the pockets of the four thieves who stole from
HF and Britam who lost billions and sued - namely sued the thieves Edwin Dande, Elizabeth Nkukuu, Patricia Wanjama and Shiv Arora.

Get your money back before it’s too late! And get the press to pick up on this so they can warn the other investors. Stay safe all.
slick
#734 Posted : Saturday, April 11, 2020 1:43:50 PM
Rank: Member


Joined: 6/1/2017
Posts: 266
If Cytonn was in the US,the central bank would have bailed them out long time ago.Fed is bailing out money market funds that froze redemptions.

If Cytonn is a ponzi,they should be allowed to fail.I had always been suspicious of their high interest rates above other money market funds
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
eangaga
#735 Posted : Saturday, April 11, 2020 5:11:02 PM
Rank: New-farer


Joined: 11/15/2016
Posts: 25
slick wrote:
If Cytonn was in the US,the central bank would have bailed them out long time ago.Fed is bailing out money market funds that froze redemptions.

If Cytonn is a ponzi,they should be allowed to fail.I had always been suspicious of their high interest rates above other money market funds


Why do you say they would have bailed them out? There are many many firms that go under in US for various reasons and are never bailed out.

I do not see feds bailing out companies left and right. Where are you looking at?
slick
#736 Posted : Saturday, April 11, 2020 6:44:27 PM
Rank: Member


Joined: 6/1/2017
Posts: 266
eangaga wrote:
slick wrote:
If Cytonn was in the US,the central bank would have bailed them out long time ago.Fed is bailing out money market funds that froze redemptions.

If Cytonn is a ponzi,they should be allowed to fail.I had always been suspicious of their high interest rates above other money market funds


Why do you say they would have bailed them out? There are many many firms that go under in US for various reasons and are never bailed out.

I do not see feds bailing out companies left and right. Where are you looking at?


@eangaga
Check this out.




Fed and US government are bailing out everyone by printing trillions upon trillions and bailing out their financial system buying stocks,corporate and government bonds,commercial paper,sending cheques to households etc.Research on the current events happening in the US now or also check the wazua thread First World Market Shenanigans where I have been detailing these bailout programs for weeks now
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
moneydust
#737 Posted : Monday, April 13, 2020 9:15:57 PM
Rank: Member


Joined: 1/31/2007
Posts: 299
The Great Financial Crisis of 2008/9 exposed to the world the biggest ponzi scheme that ever existed.I wonder what the Covid pandemic will expose to us in the financial markets.Stay Woke people!.The tide has turned,prompted by the current pandemic,and we will now get to see who has being swimming naked...

Cytonn investors you are in my prayers...
paulkimani
#738 Posted : Tuesday, April 14, 2020 2:08:44 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73






eangaga
#739 Posted : Tuesday, April 14, 2020 4:05:46 PM
Rank: New-farer


Joined: 11/15/2016
Posts: 25
Sad This is troubling for those that investing in this entity.
If you can get your funds, please do so and consider another investment. There is nothing as painful as investing and someone takes your investment for their own.

winmak
#740 Posted : Wednesday, April 15, 2020 7:44:45 PM
Rank: Member


Joined: 12/1/2007
Posts: 496
Location: Nakuru
eangaga wrote:
Sad This is troubling for those that investing in this entity.
If you can get your funds, please do so and consider another investment. There is nothing as painful as investing and someone takes your investment for their own.



As the field gets narrower and narrower... what options are left? Considering corona?
For investors as a whole, returns decrease as motion increases ~ WB
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