Much as I am not in a position to vouch for Cytonn,I find PaulKimani's infatuation with Cytonn matters a tad perplexing.
Does the guy ever post on any other topic?

To all of you, noted.

The reason I created a new account was I got messages which were more than subtle threats when I viewed my thoughts on my normal account. Cytonn are thieves who stop at nothing and I wasn’t willing to risk my safety.

But, good luck to you all following Horton. For those investors who have messaged me privately, continue to do so. I’m out of this thread. Stay safe all.

I am for freedom of expression.... If you grew up under Kenyatta and Moi you will appreciate that. Let everybody speak their mind and ooze wisdom or ignorance or stupidity in equal measure.... Kwani Wazua ni ya kazi gani?

Having said any financial institution has to be wary of sentiments that might create a run on it. Sentiments of Paul Kimani when broadcasted by influential personalities can create a run. In such times, it is prudent of Cytonn to maintain stability in the short term.

A bank run (also known as a run on the bank) occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent; they keep the cash or transfer it into other assets, such as government bonds, precious metals or gemstones. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it generates its own momentum: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy.[1] To combat a bank run, a bank may limit how much cash each customer may withdraw, suspend withdrawals altogether, or promptly acquire more cash from other banks or from the central bank, besides other measures.

By the way Harry Markopolos blew the whistle yet again concerning fraud on the once US icon General Electric (GE) last year and stock sold off abit but crooked Wall Street titans came to the defense of GE and the stock rallied.GE is a ponzi scheme but naive investors still buying the stock

I have always been suspicious of Cytonn's high returns above competitors and when the deal looks too good to be true think twice

In line with its investor protection mandate, the Capital Markets Authority (CMA) has cautioned investors against investing through unlicensed and unapproved entities.

Capital Markets Authority Acting Chief Executive, Mr Wyckliffe Shamiah has advised investors to only invest through licensed and approved entities to enable them get protection offered by the Authority through the capital markets legal and regulatory framework. Mr. Shamiah observed; ‘’Investors who invest in unregulated and unapproved entities risk loss of their investments with no recourse afforded to them under the capital markets regulatory framework’’.

Following numerous enquiries received by the Authority regarding the licensing status of the Cytonn Investment Group, Mr. Shamiah said, ‘’the only licensed entity is Cytonn Asset Management Limited”

Mr. Shamiah advised investors to confirm the licensing status of any firms offering services in the capital markets industry with the Authority since it has been noted that some of unlicensed and unapproved entities are pitching investment opportunities as if they are licensed. He added; ‘’investors should undertake due diligence and check the license status of any entity marketing investment opportunities and purporting to be licensed by the Authority from the CMA website.

The Authority will take appropriate enforcement action against any persons or entities illegally conducting business in the capital markets industry without a license. Members of the public who have been affected or become aware of such illegal entities are advised to report to the Authority or to the Capital Markets Fraud Investigation Unit.


https://twitter.com/trad...1252269214293000194?s=21

But all in all CMA is also just panganga mob with not action, where has their regulation ever helped minority shareholders who have billions. To me that is just another funny sideshow and empty talk.

It was obviously this one, prey on the massess' innocence and limited investment knowledge/exposure.

Everyone should be worried. Britam, Nabo, Old Mutual, CiC, ICEA, CBA, Zimele, banks with their FDs. Everyone.

I have invested in the cyton high yield solution and have gotten my money out with no problem or hustle. I then reinvested again and I am still expecting to get my money with no hustle. Will know by September if I get my money.

But the experience clear. They informed me several times through the agent that this is an unregulated product and they try to sell you to the regulated product. You even sign that you know he risk. Wouldn't say they tried to hide anything.

Do i know their investment strategy that will yield 18% in these ridiculous times. NO!

Do I expect to get 18% interest ..... YES!