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Cytonn Investments
enyands
#121 Posted : Thursday, April 14, 2016 5:05:09 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
alma1 wrote:
I really have tried to retire from chocho mendia today .Closed all my accounts but wazua iko na kamdudu.

Horton, saying that someone has not been conned does not equate to not being conned.

I mean Maddoff ran a ponzi for 30 years. Inpected and approved!

The questions that PaulKimani is asking are valid. Very valid in the light of whats going on in the financial sector.

I find it funny that you have tried many methods of keeping us excited with this group. Not including that they are CFA's. I have advised you that I'm also a CFA. Got mine not in Kenya but in Boston in 2007. I have the godammed certificate. But heck I'm not financially literate. So that argument in mute.

You say words like haters...What the hell does that mean?

Impunity has asked you a direct question. Where the hell do these fellows invest so that they can make 15% returns to give to you and still keep that office, still pay those salaries, and still go to Boston to meet the diaspora.


We have had enough of these firms. Ask BGL and his FEK ama ni FPK group.


The Maddoff scam was 10%. 10% was a ponzi. 10%

Cyntonn must and must get one project completed. Otherwise they are selling hot air. We have a thread on another property firm here from 25 bob to 1.5 bob.

Paulkimani is right to question and ask.

Obi 1 please tell us one project done and completed by Cynton that you know off. Otherwise your so called returns could be someone elses deposits.

Ni hayo tu Saitan


It's called FEP fountain enterprise program
murchr
#122 Posted : Thursday, April 14, 2016 5:09:04 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
FYI, if it looks like a duck, quacks like a duck, smells like a duck, then it probably is.....BUT experience is the best teacher.

Business Insider wrote:
A well-respected financier, Bernie Madoff convinced thousands of investors to hand over their savings, falsely promising consistent profits in return. He was caught in December 2008 and charged with 11 counts of fraud, money laundering, perjury, and theft.

Here's how Madoff conned his investors out of $65 billion and went undetected for decades:

Madoff used a so-called Ponzi scheme, which lures investors in by guaranteeing unusually high returns.

Ponzi schemes are run by a central operator, who uses the money from new, incoming investors to pay off the promised returns to older ones. This makes the operation seem profitable and legitimate, even though no actual profit is being made. Meanwhile, the person behind the scheme pockets the extra money or uses it to expand the operation.

To avoid having too many investors reclaim their "profits," Ponzi schemes encourage them to stay in the game and earn even more money. The "investing strategies" used are vague and/or secretive, which schemers claim is to protect their business. Then all they need to do is tell investors how much they are making periodically, without actually providing any real returns.

Ponzi schemes aren't usually very sustainable. The setup eventually falls apart after:
    (1) The operator takes the remaining investment money and runs.
    (2) New investors become harder to find, meaning the flow of cash dies out.
    (3) Too many current investors begin to pull out and request their returns.


In Madoff's case, things began to deteriorate after clients requested a total of $7 billion back in returns. Unfortunately for Madoff, he only had $200 million to $300 million left to give.

Another reason Madoff managed to fly under the radar for so long (despite multiple reports to the SEC about suspicions of a Ponzi scheme), is because Madoff was a well-versed and active member of the financial industry. He started his own market maker firm in 1960 and helped launch the Nasdaq stock market. He sat on the board of National Association of Securities Dealers and advised the Securities and Exchange Commission on trading securities. It was easy to believe this 70-year-old industry veteran knew exactly what he was doing.

Madoff really only made off with $20 billion, even though on paper he cheated clients out of $65 billion,
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
alma1
#123 Posted : Thursday, April 14, 2016 5:24:24 PM
Rank: Elder

Joined: 9/19/2015
Posts: 2,871
Location: hapo
when you see beautiful and handsome fellows with make up telling you about an alleged kabroti called alma, just google Murchr's post above.

I am alma and I can confess i don't have a kabroti in ruaka. Do you know the problems that the current Ruaka house owners have? Security, they even have a facebook page about it.....low occupancy.....as in you don't even google and facebook search to know the problems in Ruaka.


But I'm still waiting for Horton to tell us

What was his rate of return....


Then we can discuss this Sytan thing with real data.....Not lovely fly overs on properties that don't exist on youtube.
Thieves are not good people. Tumeelewana?

Impunity
#124 Posted : Thursday, April 14, 2016 6:17:28 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
alma1 wrote:
Horton

Help us understand. Since you have dealt with them. You might actually help us understand...


Have you invested and what was your rate of return?

Let's start with that question then we move on step by step.

If you have the balls that is.

Question 1..What was your rate of return? We'd be happy if you kept it monthly, quarterly and yearly. Then year to date.


PDF copies of returns should be attached to authenticate the claim.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Impunity
#125 Posted : Thursday, April 14, 2016 6:26:06 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
alma1 wrote:
when you see beautiful and handsome fellows with make up telling you about an alleged kabroti called alma, just google Murchr's post above.

I am alma and I can confess i don't have a kabroti in ruaka. Do you know the problems that the current Ruaka house owners have? Security, they even have a facebook page about it.....low occupancy.....as in you don't even google and facebook search to know the problems in Ruaka.


But I'm still waiting for Horton to tell us

What was his rate of return....


Then we can discuss this Sytan thing with real data.....Not lovely fly overs on properties that don't exist on youtube.


If Cytonn invest in Banks FDR, then let them tell us which banks are these, ata kama ni za Majuu, we will just accept.
The bank may trust "their" huge deposit of 200M rather than my 1 Miao.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

tom_boy
#126 Posted : Thursday, April 14, 2016 7:01:00 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
Horton , uko wapi! Unlike you who is waiting to be conned or hear of someone being conned, others choose to seek out the red flags. If you see a lion in Kitengela, you dont wait for proof that it has teeth.

Lakini, I am also interested in the answers to above questions.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
Rollout
#127 Posted : Thursday, April 14, 2016 7:43:12 PM
Rank: Member

Joined: 4/26/2011
Posts: 759
Horton = Dande
Rollout
#128 Posted : Thursday, April 14, 2016 7:44:12 PM
Rank: Member

Joined: 4/26/2011
Posts: 759
Horton = Dande

How can you people not notice that????????
Horton
#129 Posted : Thursday, April 14, 2016 9:08:47 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
@rollout did u jus " roll out a joint" before u said that? ( see what i did there?!?!Laughing out loudly ) LOL my credentials are very well know by a lot of wazuans....ask sparkly I aint no Dande

Hi@Alma thanks for asking a valid question,
1)I have shares i bought in the PPM, bought at 10, currently 60- i thought I mentioned that several times before?.(bought as a group)
2)I have invested in their CMS- rate 18%, interest paid monthly, after tax, roughly 16.5% its really quite straight forward, I needed some cash somewhere in Jan and I just filled out a withdrawal slip and money was wired to my account the day after without deductions no questions asked.
3) i have bought the alma, off plan, it started off at 4.675m, currently at 5.8m, we have a payment plan (bought as a group)
@impunity, thats just ridiculous, I'm not going to post my details here.

@tom boy, why the excitement? please tell me what you find "suspicious" don't give me the duck theory, something tangible would be nice from you and your friend paul for a change.BTW all these years i have seen bad banks, ponds come and go.... i see those a mile away ;) A lion can be seen and the dangers are quite apparent; carnivorous cat, attacks when threatened, however in this case I see no claws or canines, just an investment opportunity. I will take my chances here, odds look pretty good in my favour. Thanks for your concern but it is clearly without validity.

@murchr, Bernie Madoff, was a man respected by all in the industry, was a long time player, giving very AVERAGE returns...not spectacular returns. He did no marketing (unlike Cytonn), for those of you who don't like reading there is a brief documentary somewhere on how he did business. Simply put His sons Mark & Andrew and his brother, Peter who ran the fronting company, did not even have a clue of the delivery room fraud!! Great read it was ,"Wizard of Lies" is the name of the book for all who care for a read.

In summation, Investing is always a risk, and its how u mitigate your risks by doing your own homework. I acquit confident that my homework has been done properly. Having been in this market for 16years now, I think I have a pretty good idea that this is a home run FOR ME. We are always learning. Remember, all these are my views and I bare responsibility for no one.(thats me stating the obvious)
newfarer
#130 Posted : Thursday, April 14, 2016 9:24:30 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
ponZi
punda amecheka
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