handsomebolanle:

Which investment name is this?

Read well.

Kindly find below.

yinkaoke:
Hello house, please someone should help with last week treasury bill PMA rates.
Thank you

emmanuelewumi:
Than returns on my money

Hian, 22 Billion Naira equivalent to around 54 million American Yankee (>>US dollars) invested in IMG GLOBAL nawao, with all the warnings on doing due diligence, MMM >>> Mogbe - Moku -Modaran, wonder banks, suya, kulikuli and onions investment banks aka chop l chop, and some people are still investing in Oluwole investment banks, nawao , no be Pastor Sam Adeyemi l dey see so holding the hands of the couples, where is EFCC, interpol, FBI, oya make una come oo, yawa don Gaz oo, make una help arrest the couples and make dem face justice

emmanuelewumi:



Read well.

Not necessary..

emmanuelewumi:
Reason why we should not put our eggs in a basket

A thread has been opened on this issue.

https://www.nairaland.com/6805076/fraud-alert-bamise-ajetunmobi-investment#106781337

I would be very astonished if true that institutional investors such as GTB could fall for such a cheap scam.

Afromentalist:

A thread has been opened on this issue.

https://www.nairaland.com/6805076/fraud-alert-bamise-ajetunmobi-investment#106781337

I would be very astonished if true that institutional investors such as GTB could fall for such a cheap scam.

"Imagine Global Solution Limited ". See the company name self, Imagine as in 'imagine your money enter voicemail'.

NL1960:


"Imagine Global Solution Limited ". See the company name self, Imagine as in 'imagine your money enter voicemail'.

LMAO

NL1960:


"Imagine Global Solution Limited ". See the company name self, Imagine as in 'imagine your money enter voicemail'.

LMAO ;��

NL1960:


"Imagine Global Solution Limited ". See the company name self, Imagine as in 'imagine your money enter voicemail'.

[img]https://c./f-NJFoZcuHgAAAAd/kobe-bryant-laugh.gif[/img]

I heard IMG had an SEC licence

I want to move my money away from Fintech into a proper mutual fund, can anyone suggest a good Mutual Fund and what I should look out for the Fact Sheets, because these FIntechs do not have Fact Sheets, Custodians and all that

As this one de happen, another one de plan to open next year, another set of investors go still line up to put their money inside.

Unfortunately Yes

ojesymsym:
As this one de happen, another one de plan to open next year, another set of investors go still line up to put their money inside.

richforever123:
I heard IMG had an SEC licence

I want to move my money away from Fintech into a proper mutual fund, can anyone suggest a good Mutual Fund and what I should look out for the Fact Sheets, because these FIntechs do not have Fact Sheets, Custodians and all that

Remember when you were insulting me for warning people to be careful of investing in some of those so called fintechs?

No reference to SEC licence on their website....

https://imaginelenders.com/aboutus/

richforever123:
I heard IMG had an SEC licence

I want to move my money away from Fintech into a proper mutual fund, can anyone suggest a good Mutual Fund and what I should look out for the Fact Sheets, because these FIntechs do not have Fact Sheets, Custodians and all that

Afromentalist:

A thread has been opened on this issue.

https://www.nairaland.com/6805076/fraud-alert-bamise-ajetunmobi-investment#106781337

I would be very astonished if true that institutional investors such as GTB could fall for such a cheap scam.

Not true at all. Even me wont fall for such img global nonsense. Even the interest rate was a ponzi red flag. 6 - 36% MONTHLY.

I consider it a red flag seeing investment CEOs taking pics with men of God trying to ride on gullible religious people.

Those that invested in such companies, when they talk, you will see pure stupidity in what they say. Like the one below.

Lazyyouth4u:

Remember when you were insulting me for warning people to be careful of investing in some of those so called fintechs?

I don't think I insulted, but that's not the point, I know you are an experts in digging out receipts, just need a little education here

Lazyyouth4u:

Remember when you were insulting me for warning people to be careful of investing in some of those so called fintechs?

I'm still waiting for fintechs to run with investors money.

skydiver01:
No reference to SEC licence on their website....

https://imaginelenders.com/aboutus/

According to the Lady's Instagram Status, they had a SEC licence and all that, they have the same Model of Business as Branch, personally I never invest in a Husband and Wife Business, it never ends well

Do these guys set up these businesses with an intent to defraud or they just get greedy when they start seeing the gullibility of people?

skydiver01:
No reference to SEC licence on their website....

https://imaginelenders.com/aboutus/

Domain name has expired is what it is showing.

OgogoroFreak:
Not true at all. Even me wont fall for such img global nonsense. Even the interest rate was a ponzi red flag. 6 - 36% MONTHLY.

I consider it a red flag seeing investment CEOs taking pics with men of God trying to ride on gullible religious people.

Those that invested in such companies, when they talk, you will see pure stupidity in what they say. Like the one below.

I think they always use people like this to draw people into the ponzi scheme. Who in his right senses will go and put 300m in a company without much history?.

ojesymsym:
Do these guys set up these businesses with an intent to defraud or they just get greedy when they start seeing the gullibility of people?

They actually have it all planned from the start.

Like, How do you explain why they would want to take pics with a man of God for all to see? What are they trying to prove?

People are attracted to very high interest rates. 10 - 20% per YEAR interest rates are too small for the kind of people that falls for ponzi.

richforever123:


According to the Lady's Instagram Status, they had a SEC licence and all that, they have the same Model of Business as Branch, personally I never invest in a Husband and Wife Business, it never ends well

Wife is Board Chairman while husband is Managing Director and people are putting millions into it. Very funny.

ojesymsym:
Do these guys set up these businesses with an intent to defraud or they just get greedy when they start seeing the gullibility of people?

It is greed and maybe lack of financial education. They always think that cash with them equates to profit. Somebody brings 5m and suddenly they go on a spending spree thinking that it is profit whereas the 5m is a liability. When the person now comes for the 5m plus interest, the 5m is no longer available to be given because it was seen as profit by them and spent.

https://www.nairaland.com/6808317/bamise-ajetunmobi-wife-elizabeth-accused

Mr Bamise Samson Ajetunmobi And His Image Lenders Story. What I have learned so far:

1) Bamise Samson was a quiet banker who quietly did his job as a Zenith bank staff. He was with the bank for 8 years before he left to start his Image lenders startup in 2016.

Before he joined the bank, he was a graduate of Banking and Finance, from Madonna University Okija.

2) When Bamise set up his business in 2016, his first customers were his former colleagues, he was able to convince his colleagues in the bank to trust him with their funds in lieu of a 10 % monthly ROI payment.

His first investors saw their money paid promptly on time, those investors helped the young alleged scammer to spread the word that there is a new king in town who is trustworthy and a breath of fresh air.

Before one could say, Jack Robinson, Investors started flocking around Bamise with their money in return of a regular monthly payment from his company.

Even branch managers of commercial banks flocked to Bamise with their life savings.

Zenith bank staff were his marketers and foot soldiers.

A lot of them convinced customers that they were managing their account to invest with Bamise.

Because of this headstart of having your former colleagues in Zenith bank brought and convinced customers for your business, Bamise did not invest in media branding neither did he need social media influencers to influence for him online.

This is why his business was not popular on social media, only few people like myself knew about his business before now.

I knew him before now because a zenith bank staff told myself and Ndiya Baykay Eze Eze about him.

Bamise’s phone rang non stop from investors, convinced by his former colleagues in the bank and those callers want to invest their money with him so what is he doing with social media influencers?

3) Seeing that his fortunes and investors money with him have quadrupled, Bamise went to lure his old colleagues at Zenith bank to join him in his new startup.

He poached a lot of Zenith bank staff by offering mouth-watering salaries they could not resist and most times, double of what they earned at Zenith bank.

Because of this, a lot of Zenith bank staff resigned in droves to join Bamise in his wild goose chase and to be fair to them, they did not know what they signed up for.

He needed the validation that Zenith bank staff are working for his startup, to convince investors that he was real.

Boy! Bamise paid crazy salary salaries to his former colleagues who resigned to join him.

Imagine earning 200k per month in Zenith bank only for Bamise to offer to pay you 1 million naira. You don hit gold mine be that.

4) With his consistent monthly payment to his investors, Bamise had this brainwave: why not open Image lenders office abroad to cater for Nigerians in the diaspora who have been making enquiries on how to invest with his business in lieu of monthly ROI payment?

Image Lenders offices in China, Ghana, Dubai, South Africa and London were born and these offices were set up to attend to only Nigerians in diaspora who wish to invest in his business with their funds for monthly payment.

5) As the investor's money with him grew, to an excess of $ 50 million dollars at the last count, the young man knew he had to change his lifestyle to reflect his new status.

He bought a duplex at Ned Okonkwo's Victoria crest project in Lekki Lagos and paid cash up front, he is now a big boy so money is not a problem.

The only problem is how to spend it.

He also bought a house in UK and Dubai, to reflect his new status as a billionaire.

6) To also reflect his status as a man of means, a man of Timbre and calibre, Bamise also bought a citizenship passport of Antigua and Barbuda for his wife, himself and his two kids.

He paid over $50,000 to be able to do this, my sauce told me.

7) Bamise loves God as he worships at Sam Adeyemi's Daystar Church.

He was even a worker with the church and does not miss Sunday service except he is not in Lagos.

As a child of God, his monthly tithe runs into millions of naira and was one of the biggest spenders in Sam Adeyemi's church

God has blessed his hustle so he needs to show his gratitude by giving back generously to the church and he did on a scale never seen before.

8 ) Elevation Church in Lekki was one of his investors. Godman Akinlabi, the senior pastor of the church invested over 500 million naira with Bamise in lieu of a 10 % monthly payment.

Bamise was consistent in payment to the pastor and other investors who invested with him till he disappeared last month

9) Bamise was a sweet talker, his innocent looks, his love for God and the fact he has a background in finance influenced his investors to trust him with their money.

10) At the end of the day, the monthly ROI payment was not sustainable and the fact that Bamise was living a luxurious life on Investors funds, so the business with so much promise crashed like a pack of cards, just like other Ponzi businesses before it.

11) Piggyvest has nothing to do this with failed Ponzi scheme business that Bamise ran so I don’t know why some of us are spreading the false news that Piggyvest invested over 2 Billion with Bamise, causing panic for Piggyvest customers. It is not good ooo.

12)Such a sad story. I hope that Bamise and his fleeing wife are tracked down soon so that they can refund the investors the money that they ran away with.

richforever123:
I heard IMG had an SEC licence

I want to move my money away from Fintech into a proper mutual fund, can anyone suggest a good Mutual Fund and what I should look out for the Fact Sheets, because these FIntechs do not have Fact Sheets, Custodians and all that

SEC license for where.

Where will you get 10% monthly return. The guy was a former banker.

He made use of his colleagues in the banking sector. Bank marketers convinced bank customers to invest in the scheme.

You are on a loooong thing, if a bank marketer is your financial consultant

Afromentalist:

A thread has been opened on this issue.

https://www.nairaland.com/6805076/fraud-alert-bamise-ajetunmobi-investment#106781337

I would be very astonished if true that institutional investors such as GTB could fall for such a cheap scam.

Na their workers dey fall for such, getting loans from their employers to invest in Ponzi schemes

emmasoft:
Look Well Before You Leap

At this uncertain time let’s beware of schemes that may want to take advantage of the low rate regime of Tbills to swindle us of our hard-earned money.
One major consideration in choosing any investment window at this time should be SAFETY of your capital/fund not the RATE.
It’s usually at a time like this when rates are low in the regular investment windows you begin to see some folks coming with unusual and juicy rates. Beware!

Here are some tips/questions to ask:

Is the investment firm regulated in anyway? ie regulated by SEC or CBN or any government constituted authority even if they are you can take your due diligence further to know preferably from SEC if they are aware of the said product.

What are the underlying assets?

How long has the firm be in business, what are their background and affiliates. It will not be a bad idea to know about their management and board members. A board member of questionable character or integrity may be a wrong signal no matter what they claim.

Is the rate being offer agreeing with economic realities

Is the rate per annum or otherwise? N.B: In all cases regulated rates are per annum even when having shorter tenors anything otherwise request explanation.

The list is not exhaustive you can go further as much as it will help you make informed investment decision and take calculated risk.

Currently at Investment One there are products you can try out apart from VGIF
1. High yield Investment note
2. Medium term investment note
3. Real estate backed note

In each of the products the minimum initial capital is 10m except the medium-term investment note which is 5m.
As usual call/chat me for details 08181057319 you can also PM or give me your email and details will be sent to you.

The above post is about a year old. Just a reminder on some things to consider before an investment choice.

But wait ooo, people of God, I saw this

omotola90:
But wait ooo, people of God, I saw this

piggy is a cool initiative of some youths.... But they are not sec or cbn regulated though

NL1960:
https://www.nairaland.com/6808317/bamise-ajetunmobi-wife-elizabeth-accused

Mr Bamise Samson Ajetunmobi And His Image Lenders Story. What I have learned so far:

1) Bamise Samson was a quiet banker who quietly did his job as a Zenith bank staff. He was with the bank for 8 years before he left to start his Image lenders startup in 2016.

Before he joined the bank, he was a graduate of Banking and Finance, from Madonna University Okija.

2) When Bamise set up his business in 2016, his first customers were his former colleagues, he was able to convince his colleagues in the bank to trust him with their funds in lieu of a 10 % monthly ROI payment.

His first investors saw their money paid promptly on time, those investors helped the young alleged scammer to spread the word that there is a new king in town who is trustworthy and a breath of fresh air.

Before one could say, Jack Robinson, Investors started flocking around Bamise with their money in return of a regular monthly payment from his company.

Even branch managers of commercial banks flocked to Bamise with their life savings.

Zenith bank staff were his marketers and foot soldiers.

A lot of them convinced customers that they were managing their account to invest with Bamise.

Because of this headstart of having your former colleagues in Zenith bank brought and convinced customers for your business, Bamise did not invest in media branding neither did he need social media influencers to influence for him online.

This is why his business was not popular on social media, only few people like myself knew about his business before now.

I knew him before now because a zenith bank staff told myself and Ndiya Baykay Eze Eze about him.

Bamise’s phone rang non stop from investors, convinced by his former colleagues in the bank and those callers want to invest their money with him so what is he doing with social media influencers?

3) Seeing that his fortunes and investors money with him have quadrupled, Bamise went to lure his old colleagues at Zenith bank to join him in his new startup.

He poached a lot of Zenith bank staff by offering mouth-watering salaries they could not resist and most times, double of what they earned at Zenith bank.

Because of this, a lot of Zenith bank staff resigned in droves to join Bamise in his wild goose chase and to be fair to them, they did not know what they signed up for.

He needed the validation that Zenith bank staff are working for his startup, to convince investors that he was real.

Boy! Bamise paid crazy salary salaries to his former colleagues who resigned to join him.

Imagine earning 200k per month in Zenith bank only for Bamise to offer to pay you 1 million naira. You don hit gold mine be that.

4) With his consistent monthly payment to his investors, Bamise had this brainwave: why not open Image lenders office abroad to cater for Nigerians in the diaspora who have been making enquiries on how to invest with his business in lieu of monthly ROI payment?

Image Lenders offices in China, Ghana, Dubai, South Africa and London were born and these offices were set up to attend to only Nigerians in diaspora who wish to invest in his business with their funds for monthly payment.

5) As the investor's money with him grew, to an excess of $ 50 million dollars at the last count, the young man knew he had to change his lifestyle to reflect his new status.

He bought a duplex at Ned Okonkwo's Victoria crest project in Lekki Lagos and paid cash up front, he is now a big boy so money is not a problem.

The only problem is how to spend it.

He also bought a house in UK and Dubai, to reflect his new status as a billionaire.

6) To also reflect his status as a man of means, a man of Timbre and calibre, Bamise also bought a citizenship passport of Antigua and Barbuda for his wife, himself and his two kids.

He paid over $50,000 to be able to do this, my sauce told me.

7) Bamise loves God as he worships at Sam Adeyemi's Daystar Church.

He was even a worker with the church and does not miss Sunday service except he is not in Lagos.

As a child of God, his monthly tithe runs into millions of naira and was one of the biggest spenders in Sam Adeyemi's church

God has blessed his hustle so he needs to show his gratitude by giving back generously to the church and he did on a scale never seen before.

8 ) Elevation Church in Lekki was one of his investors. Godman Akinlabi, the senior pastor of the church invested over 500 million naira with Bamise in lieu of a 10 % monthly payment.

Bamise was consistent in payment to the pastor and other investors who invested with him till he disappeared last month

9) Bamise was a sweet talker, his innocent looks, his love for God and the fact he has a background in finance influenced his investors to trust him with their money.

10) At the end of the day, the monthly ROI payment was not sustainable and the fact that Bamise was living a luxurious life on Investors funds, so the business with so much promise crashed like a pack of cards, just like other Ponzi businesses before it.

11) Piggyvest has nothing to do this with failed Ponzi scheme business that Bamise ran so I don’t know why some of us are spreading the false news that Piggyvest invested over 2 Billion with Bamise, causing panic for Piggyvest customers. It is not good ooo.

12)Such a sad story. I hope that Bamise and his fleeing wife are tracked down soon so that they can refund the investors the money that they ran away with.

you know what, I don't know why some folks are carrying rumors about piggyvest... But what I know is that there will be clarity in this news as time goes on.... 2 billion is much, hence there will be issues on payment and all that and the app is working just fine

NL1960:


Wife is Board Chairman while husband is Managing Director and people are putting millions into it. Very funny.

Ah. Chairman and MD. Interesting corporate governance. lmao