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Is this true or just another pyramid scheme?
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josiah33
#1 Posted : Sunday, February 12, 2012 8:08:34 PM
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Joined: 1/27/2011
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Gathige
#2 Posted : Sunday, February 12, 2012 9:37:57 PM
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Joined: 3/29/2011
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Catch is u get paid annually! Check the profile of the properties they have on offer and ur guess is as good as mine!
"Things that matter most must never be at the mercy of things that matter least." Goethe
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guru267
#3 Posted : Monday, February 13, 2012 12:04:26 AM
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Joined: 1/21/2010
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josiah33 wrote:

http://kisimaproperties.com/?page_id=166


This is a pure sham.. There is no fund manager capable of promising such returns in the short term..
Mark 12:29
Deuteronomy 4:16
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Impunity
#4 Posted : Monday, February 13, 2012 6:57:05 AM
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Joined: 3/2/2009
Posts: 26,328
Location: Masada
Gathige wrote:
Catch is u get paid annually! Check the profile of the properties they have on offer and ur guess is as good as mine!


By the tenth month they would have closed shop!
Run if you have legs.If you dont catch a flight.
Shame on you
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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jamplu
#5 Posted : Monday, February 13, 2012 8:33:39 AM
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Impunity wrote:
Gathige wrote:
Catch is u get paid annually! Check the profile of the properties they have on offer and ur guess is as good as mine!


By the tenth month they would have closed shop!
Run if you have legs.If you dont catch a flight.
Shame on you


how can one promise such returns in this economy.
this might just be a ponzi scheme lets wait and see
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josiah33
#6 Posted : Monday, February 13, 2012 8:56:07 AM
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Ok, it seems too good to be true. I don't believe this guys.
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dunkang
#7 Posted : Monday, February 13, 2012 10:48:08 AM
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Just another scum. NEXT!
Receive with simplicity everything that happens to you.” ― Rashi

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StatMeister
#8 Posted : Monday, February 13, 2012 7:41:46 PM
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Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
guru267 wrote:
josiah33 wrote:

http://kisimaproperties.com/?page_id=166


This is a pure sham.. There is no fund manager capable of promising such returns in the short term..


Are you sure, if you were in Zim 'that time' and you just shorted the $?
A bad day fishing is better than a good day at work
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aemathenge
#9 Posted : Monday, February 13, 2012 8:24:16 PM
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Joined: 10/18/2008
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Location: Kerugoya
Perhaps you Investments wizards could start by telling us minions exactly what a Pyramid Scheme is then we can make up our minds.
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fantony
#10 Posted : Monday, February 13, 2012 9:35:27 PM
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Joined: 11/6/2006
Posts: 276
Fail..
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fantony
#11 Posted : Monday, February 13, 2012 9:36:42 PM
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"Most Innovative Company Award 2010"?????
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guru267
#12 Posted : Monday, February 13, 2012 9:47:19 PM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
StatMeister wrote:
guru267 wrote:
josiah33 wrote:

http://kisimaproperties.com/?page_id=166


This is a pure sham.. There is no fund manager capable of promising such returns in the short term..


Are you sure, if you were in Zim 'that time' and you just shorted the $?


ponzi schemes are always successful because of the "guranteed" returns they promise investors..

We need to ask ourselves why these investors have eyes but cannot see...

Has anyone noticed the advertised properties on the site have been photographed from outside the premises with no interior views¿¿ I could have easily done that with my phone..
Mark 12:29
Deuteronomy 4:16
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josiah33
#13 Posted : Saturday, February 18, 2012 5:18:20 PM
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aemathenge wrote:
Perhaps you Investments wizards could start by telling us minions exactly what a Pyramid Scheme is then we can make up our minds.

Well! i was just thinking that those returns are too good to be true and maybe it's just another scam disguised as real estate business while in fact they are doing something different behind the scenes. What do this guys know that others don't know about?
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josiah33
#14 Posted : Saturday, February 18, 2012 5:44:07 PM
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Only a scam artist can promise such insanely high returns on your money.
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guru267
#15 Posted : Saturday, February 18, 2012 5:57:19 PM
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Posts: 6,675
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josiah33 wrote:
Only a scam artist can promise such insanely high returns on your money.


And moreover these are "guaranteed" returns...
Mark 12:29
Deuteronomy 4:16
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madammary
#16 Posted : Sunday, February 19, 2012 5:29:30 PM
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Joined: 9/23/2011
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Location: Nairobi
guru267 wrote:
josiah33 wrote:
Only a scam artist can promise such insanely high returns on your money.


And moreover these are "guaranteed" returns...

Yes, guaranteed in quotes.
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madammary
#17 Posted : Sunday, February 19, 2012 5:43:45 PM
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Posts: 175
Location: Nairobi
aemathenge wrote:
Perhaps you Investments wizards could start by telling us minions exactly what a Pyramid Scheme is then we can make up our minds.

Basically it's an unsustainable business model that works by promising a return on investment to a first investor if he/she recruits other investors. The returns are usually higher than what you would normally expect from other investment vehicles.The investors you recruit get money by recruiting others and eventually it gets to a point where there is no money to pay the investors-the initial investors included if they all keep reinvesting as their pool of friends they can recruit diminishes.Actually it's taking money from John to pay Martin and then taking money from Mary to pay Martin and so on and so forth until the whole thing crumbles. At such a time the scam artist folds up and run with your money.
It's really questionable when someone offers 100%+ return on investment.
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Cde Monomotapa
#18 Posted : Monday, February 20, 2012 5:39:28 AM
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Joined: 1/13/2011
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fantony wrote:
"Most Innovative Company Award 2010"?????

Laughing out loudly Laughing out loudly Laughing out loudly
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bwenyenye
#19 Posted : Tuesday, February 21, 2012 3:12:22 PM
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Joined: 5/24/2007
Posts: 1,805
Guys this is an erection year! beware! beware!beware!
I Think Therefore I Am
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aemathenge
#20 Posted : Tuesday, February 21, 2012 6:00:32 PM
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Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
Citizens, enlighten me.

Back in mid 2008, senior officials of the investment club behind this Kisima idea approached us and offered us plots for Kshs. 50,000 each and promised us that they would put up a gated community estate.

Ten of us joined together and each coughed up Kshs. 5,000 and we got a Certificate of Ownership for plot number***** on Kamulu-Ndonyo Sabuk/Komorock block 1/25, measuring approximately 0.10ha.

Two weeks ago, one of the officials approached us and offered to pay Kshs. 300,000 for the Plot. He even showed us a banker's cheque in the favour of the business name we had registered to buy the plot.

We asked for time to think about it. It now emerges that the by-pass from Thika to Mombasa road passes about seven klicks from the piece of land and construction starts in January 2013.

The Presbyterian Church is apparently putting up a university on the piece of land next to ours.

Now, my question is:

(a) Could a pyramid scheme have lasted this long?

(b) A return of 25,000 from 5,000 in four years, could I have gotten a better hassle free deal else where?

(c) Should we hold or do we sell? For what does he know that we do not?

(e) Since there are about 250 more plots on the piece of land, we were thinking of buying from other investors at about 250,000 a piece. Should we? Should we run?
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