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Pennywise crashes.

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The wealth management platform, pennywise as at press time, has officially crashed.

Pennywise was one of the most popular investment sites since the beginning of this year. Up until yesterday, the site was up and running with the management team responding to investors, but at the moment, the site is not reachable and the management team are nowhere to be found.

It remains to be seen if the management team of this platform purposely absconded with investors funds or they were operating a ponzi scheme.

Nairainvest will like to use this opportunity again to advise readers to stay away from platforms which promises huge return on investment in such periods as such platforms are not sustainable.

Go to Nairainvest.com and check our fraudwatch list for investment scam schemes.

Stay tuned for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

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Agri-Tech

Wales Kingdom Capital hit with lawsuit.

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In a memo released by Wales Kingdom Capital, an investment platform which specializes in the trading of the foreign exchange market with a monthly return on investment of 20% to investors, the company revealed that it had been hit with a lawsuit by aggrieved investors. And it would be pausing payment to first time investors as a result.

The company led by Pastor Daniel Wales also claimed that their personal and corporate bank accounts has been freeze pending investigation from the court.

This move means the company cannot place any realistic date for the continuation of the refund process. This is a big blow for investors who were expecting a refund by February only to be told to wait till April.

Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps site.

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Agri-Tech

Abadini group defaults on payment again.

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Abadini group, an investment platform which specializes in the trading of agricultural products has defaulted on paying investors their return on investment again.

This was after they had postponed the payment date several times. They have also restricted the comment section on their Instagram page so as to block investors from airing their grievances.

Nairainvest would advise its readers to stay away from platforms which promises unrealistic return on investment And Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

This was after they had postponed the payment date several times. They have also restricted the comment section on their Instagram page so as to block investors from airing their grievances.

Nairainvest would advise its readers to stay away from platforms which promises unrealistic return on investment And Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

Continue Reading

Agri-Tech

Is Wales Kingdom Capital, Greenbell FX?

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Wales Kingdom Capital, an investment platform which specializes in the trading of the foreign exchange market with a monthly return on investment of 20% may now be operating under the auspices of Greenbell FX.

The investment company which is owned by Pastor Daniel Wales experienced some sort of crisis in december, declaring bankruptcy. The company alerted investors to its inability to pay their capital and ROI and asked for patience as it navigates the turbulence period.

The company WKC has once again defaulted on payments in February after promising investors it was going to resume by then.

Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

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