Agri-Tech

Trouble in paradise for Wales Kingdom Capital?

Published

8 months ago

December 15, 2020

There was an interesting turn of events yesterday after investors stormed the company headquarters only to find out that it has been deserted with no human or gadget in sight. With rumors flying around that the CEO, pastor Daniel Wales and his team had fled out of the country.

The CEO of the company, Pastor Daniel Wales appeared on his Instagram live at around 10:30pm to give a situational report about the company. He confirmed that the company was indeed currently in a crisis but not one they cannot overcome. He debunked the rumors that he was no longer in the country, and although he didn’t provide enough proof to ascertain if he still was in the country, he asked for time from aggrieved investors to navigate this turbulent period.

He reiterated that he thinks the company deserves time considering the flawless services they have delivered in the past twenty-two months. And until them losing a considerable amount of money in the foreign exchange market, that affected their reserves and short term strategy, they have been paying investors a day before their due date.

He also ended the live video by saying investors should not invest the money they cannot afford to lose which is a considerable shift in mentality for the company. Up until yesterday, they had never mentioned this to investors.

Does nairainvest think Wales Kingdom Capital can navigate this turbulent period? We can’t be too certain, but what we would rather do is advise our readers to stay away from investing on this platform or with its affiliate marketers until there is a clear path towards refunding the owed capital and return on investment.

Go to Nairainvest.com for more Agric-tech schemes you should stay away from and 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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Agri-Tech

EFCC Arrests Wales Kingdom Capital CEO’s parents.

Published

1 month ago

July 1, 2021

Nairainvest

EFCC Arrests Wales Kingdom Capital CEO’s parents.

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested a couple for allegedly defrauding unsuspecting victims in a N935m Ponzi scheme which investors are claiming is even more.

The suspects, Emmanuel and Victoria Jaiyeoba, who were arrested at their residence in Ibadan, Oyo State, are parents to Adewale Daniel, Marketing Director, Wales Kingdom Capital Limited.

The CEO of Wales Kingdom Capital is still at large. The agency has promised to track him down and return the money they claim he eloped with.

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Agri-Tech

You can now assign Nairaforex traders to your funds.

Published

3 months ago

April 30, 2021

Nairainvest

Nairaforex one of Nigeria’s leading trading services has now opened their functionality to the general public. With Nairaforex, users can now assign the best remote professional forex traders to their capital and earn returns within a specific period.

Nairaforex who employs traders who work remotely across Nigeria, South Africa, Kenya, Germany, France and other countries. With Nairaforex, you can easily assign these traders to your funds to trade on your behalf and get back reasonable returns at the end of a specified duration.

Each trader posses a different money-back guarantee, deliver within different periods and have different returns on the funds. Nairaforex has also included the functionality of assigning more than one trader to your funds for preferential purposes.

Go to Nairaforex.com to join Nairaforex now, and for more information.

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Agri-Tech

Wales Kingdom Capital to liquidate assets.

Published

3 months ago

April 27, 2021

Nairainvest

Wales Kingdom Capital, an investment platform which specializes in the trading of the foreign exchange market, farming and real estates and has been around for twenty two months until it experienced capital loss in the foreign exchange market last year has announced that they will be releasing a refund plan for client capitals. The plan is to liquidate all available assets to pay a small percentage of investors capital.

This stage according to them is the reconciliation and settlement process. In a memo, the CEO, Pastor Daniel Wales confessed that the company lost a huge amount of money in the foreign exchange market towards the end of the previous year which led to the halting of payment.

He asked for patience from aggrieved investors, reiterating that he is aware the company’s decision to impose a lockdown on investor’s capital will be hard on the investors. And apologized for not making investors understand there is a possibility of total loss of capital.

According to the memo, a comprehensive settlement policy will be initiated while it was also reiterated that they wouldn’t be able to pay the full capital of all investors. The expected percentage of capital that will be returned ranges from 10-15%

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