วีดีโอ

Most con men come in the name of church. Then when you question their intentions, they say don't touch the anointed of the lord.... way to gullible church people

Mkora tupu

i tried discouraging my brother and hs friends from investing their hard earned money from investing in FEP but it fell on deaf ears,well done video keep up

Bora wangetengeneza simu tu cheap tu

Update as of 22. Nov. 2024 A summary of court rulings of today 1. Cytonn applied for removal of OR saying its illegal and wanted the OR to be replaced- this application was denied by the Judge. 2. Cytonn wanted the court orders on selling assets removed-this application was denied by the Judge. 3. Cytonn wanted the Debt Restructuring Proposal to be presented to creditors -this application was denied by the Judge 4. Cytonn wanted Edwin Dande to be enjoined in the cases- the Judge ruled its like he is already enjoined since he is a central party to the cases as Director and shareholder. Further orders by the Judge 1. All assets of Cytonn to be sold. 2. Cytonn has been ordered to surrender all title deeds within 7 days and if they do not, the OR has been allowed to get provisional titles. 3. The OCS or police officers of where all the properties of Cytonn are located to assist in taking the assets from Cytonn so they can be given to the OR to be sold. 4. Cytonn has been allowed 30 days to allow people in houses that have been occupied to vacate the properties. 5. All parties have been ordered to support and cooperate with the liquidation process being led by the OR. 6. A date of 3rd February 2025 has been given where the court will be informed on the progress of the court orders issued. *the only matter that was not clear today was regarding the houses at Alma, where it is yet not known how many are legally purchased and how many are still available to be sold to pay the bank loan and creditors. The court has also given the 3rd of February 2025 as the date when it will hear applications and updates regarding this matter.

The car was very ugly😂

Perhaps they could have focused on production of content, and left the problem distribution to stations that already have the audiences captured?

just another AM global

cytonn always reminds me of bernie maddoff. This company migtt have been a high-level ponzi scheme na hatukujua

😂😂😂 these guys were thieves. With his fellow partners, they would craft illegal contracts that would see loan notes unknown to chys/ cpn investors, exchanged for unsecured billlions. They would then buy assets under their names. Further, the thieves would remain in possession of the title instruments. A court appointed administrator confirmed the company has been illiquid since 2017. Covid only happened in 2020. Today, dande has refused to handover these title deeds. He has refused to be liquidated by further lying that creditors would lose 86% of their money. dande is a ponzi schemer, heartless plus very litigious inorder to buy time. Even those invested in their MMF ought be careful. Nothing is legal in Cytonn. Lots of live mines all over their investment landscape

If mobius 3 was their first car, they would have made it. The first 2 versions were too ugly and rugged for the Kenyan market. Lack of basic features was also a huge miss for them. This was a good watch and great lesson. The narration was straight to the point and easy to follow.

20% return is unrealistic. I've been investing in America for over 20 years and the highest return I've ever had was 13% on a very good year. If you hear 20%, just ran for your life

You con artist.

What are these 20% returns that people don't the sus?

15:32 if dodgy press release was a person😄. Reminds me of BTCM

Most Kenyans can't afford a Mobius while cheap toyotas are still around.

I just saw one today. I wanted to buy one.

The advise in the end is just uum...not good. In Kenya, when you give someone your money, whether as a friend, or in an investment scheme, two things click in their head. First, you have sufficient money to live on so yiu do not need what you gave them. Second, they actually start wishing thet they asked for more. So, invest yourself. Go buy land and plant trees. In 15 years, the value of the land will have increased significantly and you can harvest the trees for more cash. Alternatively, buy land and grow grass, which does not need any management. You can sell that for millions in the future. Either way, keep your money close to yourself.

Inadequate & proper leadership led to it's downfall...the guy should have invested on a good team with the same goals

One day cover the story behind the fall of Brandplus tv

Imagine our government killed the industry by taxing them instead they could have given them allowance so that we can create our own and boost our economic

Follows typical startups run by foreigners. It's a donor trap, never lasts.

4 million car isn't affordable to middle class.

tamima was a menace, look into that hapo kuna story utakula poa

Great work, kindly do resolution health collapse.

My problem is Carolyne Murimi.She was also the face of Aberdare spa and lodge/elmer Naivasha. Is she part of the conn?

So you don't want him to post things 😂 si he's waiting for final verdict he doesn't seem to be a bad guy though!! Can imagine the pressure he goes through daily hence why he seems cold and heartless....the business was a start up its normal for businesses to go south when starting up ... it's usually 50/50 we blame the investors for being ignorant 😂

Red flags every 2 minutes... Kenyans need to scrutinize things better... we ignore especially when they come through church.

He wants to deal with him😮. That aside do your due diligence ,thorough research before entrusting your life savings in any form of investment scheme

Should have started small with many unknowns guys they would have probably grown ,this big time guys are not visionaries, they are expensive and the tv was too new 😂

Your network really benefits students in accountancy, commerce, economics, and business studies, as well as enhancing general business knowledge. Please keep it up.

You profit out of dying and dead businesses!😂

Sometimes these initiatives aren't necessarily started with the intention of cheating or deceiving others, but they may fail due to the overambition and lack of experience of the pioneers involved, which seems to be the case here. In America, there's a saying: "Fail quickly so that you can learn and improve faster."

The government should coming in and save this name

The government should coming in and save this name

Redcross shouldn't have veered off their line of business, they should have used the funds to setup a hospital which is in line with emergency medical relief. I blame managers who believe research reports prepared from offices a level above theirs with no groundwork done as the gospel truth. Anyone would have told them traditional Tv is dead, no one watches news anymore and the world has moved towards social media for news content, streaming and pay on demand content.

Do for a company called Gold Avenue Africa

Na bado Sasa Tv ya Komanda iko gangari 😂

This brother has always had a sociopathic vibe😂😂😂

Why are tou sugar coating matters. This was a pyramid scheme just like any other... people get scammed this way yearly

Maybe this was just a scheme from the get go from their parent company Mobius UK. Make high administrative costs and pay themselves as they await for the kenyan brand to collapse.

When I hear a company calling their clients family like names "cytonniaers" sijui " hustlers" ....I am out

The elephant in the room is corruption. the cars should have ben cheaper than the secondhand vehicles we import here and their salaries would have stated lower. in their case, salaries for workers contributed to hiring by merit of 'connection'- (wewe unajua nani?) ama ( i know someone cheaper). other than hiring by merit of expertise/professionals ( we have so many good mechanical engineers with out job who would have started with lower pay) by so doing this brought about low quality high expenditure with also meant expensive cars. and to say they paid themselves that salary for 13 years with investors money is absurd! . come to think of it its the same thing happening in every gorv sector, uchumi, police, army, gorv offices, parliament, cs, sports, education, mining, farming, etc. This was doomed to fail from the start!

Saying that the were no willing buyers for the mobius is a lie. We prepaid for the Mobius 2 foot kes 50,000. We waited for our turn to buy the car for years. They never produced the car, nor did they refund or money. They had the worst communication or pr ever. They used a lot of investor funds, and still defrauded potential buyers like me 😢

Thank you Jesus. Niliponea chupuchupu.

Mobius' initiative was quite idealistic. Their definition of "low price" was relative to foreign markets and not African markets and there isn't a "need" or desire for what they were producing. A rural business person is looking for a locally used vehicle costing about ksh 700k or thereabout, not 1.5 million+. Perhaps they would have been successful if they shifted their model to retrofitting imported vehicles with modifications that improved their functionality and durability on African roads. A lot of vehicles in rural areas have various mods to either increase ground clearance, make the suspension more rigid, or various fittings to protect the undercarriage or bumpers. If they changed their model and also considered urban vehicle owners who either have farms/shambas or frequently travel upcountry, then they may have penetrated the market. It's quite unfortunate but impressive that someone with little experience and understanding of the market had the networking capabilities and finesse to raise significant capital for a venture that wasn't feasible.

This Dande guy and his Cytonn bs is an accomplished criminal and psychopath. Wait until his MMF blows up!

Not one comment by someone who has actually driven one 🤔 Something missing in the photos of the ted presentation, the guy himself. That could have been compiled by a high school student overnight. Did the shareholders watch "the gods must be crazy" before every meeting? What were they thinking producing a windowless car with a '70's grill?

Serious lawyers should come together and us witnesses who were scammed get together, my mum still keeps asking me about it, because i introduced her to it, so sad 😞

I could never invest in that ponzi scheme just within 15mins of your talk i could walk away.