Hi Nyakundi,
Thanks for the good work you are doing by covering this Cytonn Investments Pyramid scheme. Sadly, many Kenyans have fallen to their tricks because of a lot of PR run by the Kenyan media.
Without PR, Cytonn is doomed and a failed control experiment. Please urge those investing with Cytonn to keep asking the hard questions because it is their money.
We don’t want to see people crying in our TV screens, just like the Imperial bank fiasco.
By now we know the foolery of this business model. To top it up, they have gone on an expanding spree (Nakumatt & Uchumi-like) with the money clients invest with them; they have rented offices in Nakuru, Kisumu and Nyeri at 6-year leases for a business that will never break even.
The Kisumu building is owned by George Oraro, their lead lawyer. The top-level corruption is the scariest thing as the senior managers engage in tender and procurements illegalities to award office renovations tenders to their briefcase companies.
Thanks and keep informing Kenyans
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