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poundfoolish		#1221 Posted : Monday, July 05, 2021 11:55:20 AM
Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi		Cytonn has always been a scam. From day one when they stole billions from Britam. Kumbe I have been dealing with nothing but a cheaply paid troll to handle online forums. keep up the good work. Men must eat. hope they pay you enough. paulkimani wrote: Lol. Cytonn has always been a scam. From day one when they stole billions from Britam. I’ll post this again: https://twitter.com/Moha...409195469297831942?s=20 They’re a scam, they will get away with making thousands of Kenyans homeless, more thousands bound to unemployment and no education meaning their children - aka the next generation will suffer the same fate. Random kids here said I was praying on sympathy. Look at the link. I was not. Cytonn is heartless, they knew they were stealing from the public and there is nothing else to be said. The only thing they have are lawyers who will get them free - no matter how guilty they are. And they are guilty. It’s the money of investors that are paying for Cytonn lawyers and the Cytonn four - Edwin Dande, Patricia Wanjama, Shiv Arora (CEO Superior homes so beware that’s also a scam- they May not have a “Paul kimani” to warn them)- not that anyone listened for the 6 years I warned you about Cytonn! and Elizabeth Nkuku poundfoolish wrote: This is good and welcome... Finally CMA which played a good lead in trying to run down Cytonn will explain a few more things. and how other fund managers have not been highlighted for making billions of losses in their private unregulated products.. I hope Paulkimani and his team had prepared for an endgame apart from just trying to buy Cytonn's Real Estate portfolio from the back channels and trying to cause a run. All of them should face Parliament.. all should be laid bare.. kmucheke wrote: VituVingiSana wrote: I am growing fat on all popcorn I eat watching this show! Court has suspended CMA's action against Cytonn. Na bado! The plot thickens. MPs to quiz CMA boss over Cytonn investors’ queriesK
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poundfoolish		#1222 Posted : Monday, July 05, 2021 12:01:34 PM
Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi		Angelica _ann wrote: paulkimani wrote: Lol. Cytonn has always been a scam. From day one when they stole billions from Britam. I’ll post this again: https://twitter.com/Moha...409195469297831942?s=20 They’re a scam, they will get away with making thousands of Kenyans homeless, more thousands bound to unemployment and no education meaning their children - aka the next generation will suffer the same fate. Random kids here said I was praying on sympathy. Look at the link. I was not. Cytonn is heartless, they knew they were stealing from the public and there is nothing else to be said. The only thing they have are lawyers who will get them free - no matter how guilty they are. And they are guilty. It’s the money of investors that are paying for Cytonn lawyers and the Cytonn four - Edwin Dande, Patricia Wanjama, Shiv Arora (CEO Superior homes so beware that’s also a scam- they May not have a “Paul kimani” to warn them)- not that anyone listened for the 6 years I warned you about Cytonn! and Elizabeth Nkuku poundfoolish wrote: This is good and welcome... Finally CMA which played a good lead in trying to run down Cytonn will explain a few more things. and how other fund managers have not been highlighted for making billions of losses in their private unregulated products.. I hope Paulkimani and his team had prepared for an endgame apart from just trying to buy Cytonn's Real Estate portfolio from the back channels and trying to cause a run. All of them should face Parliament.. all should be laid bare.. kmucheke wrote: VituVingiSana wrote: I am growing fat on all popcorn I eat watching this show! Court has suspended CMA's action against Cytonn. Na bado! The plot thickens. MPs to quiz CMA boss over Cytonn investors’ queriesK PK, you warned the investors over 6 years so why are you still crying for them. Let the world teach them. We all have passed through such right of passage. Remember, Cytonn is still getting more investors. How do you help such people. So PK knew it was a scam right from the time they signed papers establishing the company? Wow. Such supernatural powers. we will consult him just before elections he tells us a good candidate so that we dont suffer another 10 years. In other news. How many of the 4,000 investors do you think are in court or on social media demanding their money? If you are smart enough to invest 1M plus in such an offer. You are smart enough to know what is good for you given the times. Not like that lawyer who went viral and didnt even know if she had signed up for CHYF or CHYS...
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Much Know		#1223 Posted : Wednesday, July 07, 2021 11:06:03 AM
Rank: Elder Joined: 12/6/2008 Posts: 3,579		Very interesting story. To their credit, these dande guys know their stuff. E.g "force majure" aka "bahati mbaya" or "kismat". Just asking, why not rent/lease out some units in the interim? Then free some of their clients who are suffering from sukari na acid because of the pressure? Ras Kienyeji Man
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Rollout		#1224 Posted : Thursday, July 08, 2021 3:36:00 PM
Rank: Member Joined: 4/26/2011 Posts: 759		Here is why Cytonn is likely to be a fraud/scam/bad business/ misleading investors/ Ponzi scheme. The total money currently owed or where clients have complained on non payment is really not that much, from public info the list is: sh. 122 million, sh. 46.8 million, sh. 14.2 million and sh. 3 million. for a total of sh. 186 million. 1) As successful as Cytonn has been you want to tell me cytonn general partners cannot come up with sh. 186 million out of the share of their profits to loan cytonn inc.? 2) Edwin can't come up with sh. 186 million to pay-off these few annoying clients, he doesn't need these kinds, pay them off and free yourself from unnecessary destruction. 3)Cytonn do not have a line of credit in excess of sh. 186 million even with the assets it has? Cytonn is choosing to fight with his clients in public for sh. 186 million? This doesn't make sense at all.
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Blukes		#1225 Posted : Friday, July 09, 2021 9:56:49 AM
Rank: New-farer Joined: 3/9/2019 Posts: 22 Location: Nakuru		[pay 186m today,n tomorrow another client comes n ups the value to 186bn...acting by use of hardcore legal way.quote=Rollout]Here is why Cytonn is likely to be a fraud/scam/bad business/ misleading investors/ Ponzi scheme. The total money currently owed or where clients have complained on non payment is really not that much, from public info the list is: sh. 122 million, sh. 46.8 million, sh. 14.2 million and sh. 3 million. for a total of sh. 186 million. 1) As successful as Cytonn has been you want to tell me cytonn general partners cannot come up with sh. 186 million out of the share of their profits to loan cytonn inc.? 2) Edwin can't come up with sh. 186 million to pay-off these few annoying clients, he doesn't need these kinds, pay them off and free yourself from unnecessary destruction. 3)Cytonn do not have a line of credit in excess of sh. 186 million even with the assets it has? Cytonn is choosing to fight with his clients in public for sh. 186 million? This doesn't make sense at all.[/quote]
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KulaRaha		#1226 Posted : Friday, July 09, 2021 10:19:27 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		One of the Cytonn 4 is busy trying to whitewash himself in the press, similar to what former Trump sycophants are doing in the US. Business opportunities are like buses,there's always another one coming
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kmucheke		#1227 Posted : Friday, July 09, 2021 1:22:55 PM
Rank: Member Joined: 3/16/2019 Posts: 313		This Cytonn debacle will not be ending anytime soon. CMA blames courts for Cytonn funds debacle Quote: The Capital Markets Authority (CMA) has blamed the courts for issuing orders baring the regulator from pursuing Cytonn Group for defaulted investments in Sh13.5 billion funds. Quote: Cytonn had raised money from 4,000 investors in breach of regulations that demand funds raised through private placements to involve less than 100 people. “We knew that Cytonn Group was engaging in unregulated activities outside the parameter of regulated products as early as 2016,”
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sparkly		#1228 Posted : Friday, July 09, 2021 3:26:12 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Rollout wrote: Here is why Cytonn is likely to be a fraud/scam/bad business/ misleading investors/ Ponzi scheme. The total money currently owed or where clients have complained on non payment is really not that much, from public info the list is: sh. 122 million, sh. 46.8 million, sh. 14.2 million and sh. 3 million. for a total of sh. 186 million. 1) As successful as Cytonn has been you want to tell me cytonn general partners cannot come up with sh. 186 million out of the share of their profits to loan cytonn inc.? 2) Edwin can't come up with sh. 186 million to pay-off these few annoying clients, he doesn't need these kinds, pay them off and free yourself from unnecessary destruction. 3)Cytonn do not have a line of credit in excess of sh. 186 million even with the assets it has? Cytonn is choosing to fight with his clients in public for sh. 186 million? This doesn't make sense at all. Explanation is very simple. They are trying to avoid a run in the on investments. Life is short. Live passionately.
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paulkimani		#1229 Posted : Friday, July 09, 2021 11:00:51 PM
Rank: Member Joined: 1/19/2016 Posts: 204		https://www.google.co.uk...alling-over-sh-57b-debt https://youtu.be/ueYcz6pQ7rM - this man from Taaleri (who loaned Cytonn money) is the same man who beat his pregnant girlfriend - a lady who was training to become a lawyer when she got pregnant. She is a kick ass lawyer now and kicked his pathetic beating a** to the curb. But he was not smart enough to see the Cytonn red flags and cost Taaleri billions. I’d say I told you so, but well - speaks for itself.
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Rollout		#1230 Posted : Saturday, July 10, 2021 4:54:32 AM
Rank: Member Joined: 4/26/2011 Posts: 759		paulkimani wrote: https://www.google.co.uk/amp/s/www.standardmedia.co.ke/business/amp/business/article/2001417791/cytonns-creditors-come-calling-over-sh-57b-debt https://youtu.be/ueYcz6pQ7rM - this man from Taaleri (who loaned Cytonn money) is the same man who beat his pregnant girlfriend - a lady who was training to become a lawyer when she got pregnant. She is a kick ass lawyer now and kicked his pathetic beating a** to the curb. But he was not smart enough to see the Cytonn red flags and cost Taaleri billions. I’d say I told you so, but well - speaks for itself. Now it make sense. Cytonn can't borrow from anyone because all the assets has already been used to secure other debt. It now make complete sense to me!!!!!!!
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