NewStats: 3,259,434 , 8,170,088 topics. Date: Saturday, 24 May 2025 at 11:47 PM 9s5q

newcommer:
I think we should all come together and create awareness on social media so piggyvest can refund investors back their money, if it's just the capital.

I am with you on this. That is what I intended to do by creating this post. But apparently it didn't get the traction I'd have liked.

The silence is deafening from Piggyvest, that's why it looks like a scam to me. How do they hold unto people's money for so long and are so relaxed about it? Like the investors have no idea of what is going on with their money. And their defense is that it was subtly mentioned to seek advice before investing. So we are automatically at fault for investing?
At least in the case of MMM, it was clearly stated that you should only invest money you are willing to part ways with. So to me, that wasn't a scam.

So, if you have any suggestions on how to go about this solidarity call...I'm all in.

emekad2:
They said the project is not completed. That's the nature of real estate. With the high price of things now, what do you expect?
It's flats/apartments they want to build and you have to wait until they build and put tenants, then you will receive rental income. That's the business. I knew that would be the case so I backed out. I cannot wait for 5-10 years. That's the nature of real estate. If you can wait, you'll reap profits. But if you cannot, just resell it.

Who said the project is not being completed? I'm asking for the source of your information.

Selling those shares I got has been a hassle.

Piggyvest is like a sub of wema bank na. I don't think it is the money that was invested they should be using to build the estate. They can just lend that third party the money then we start buying into the property based on the estimate. I'm not sure price of things should be a reason why we can't access the money or are not getting a ROI, na our money dem wan carry go market before?

Digitron:


I sent a mail and I this is what I got:

[b]Thank you for reaching out to us.

To clarify, the real estate investment does not have a fixed maturity date but rather a projected return timeline. This is because real estate equity investments continue to appreciate over time until investors start receiving rental income or choose to sell their shares.

Here’s how it works:
Once the project is completed, investors will receive dividends from rental income.
Currently, the property value on the app may seem undervalued, but it still delivers an estimated 20-35% ROI annually.
You can cash out anytime by selling your shares at a higher value to other investors.

How to Sell Your Shares:
Go to your investment dashboard and select the SELL option.
Your sell offer will be visible to potential buyers for 14 days. If it doesn’t sell within that time, you can repost it.
Even if you don’t see your listing, rest assured it remains visible to buyers.
Once a buyer purchases your shares, the funds will be credited immediately to your Flex Naira wallet.

We appreciate your patience and hope this explanation helps.[/b]

Thanks for messaging them.
It should have been clearly written that the investment would take years for one to see ROI, not just the up to 35% pa returns they put on the ad.
If one gets dividends or whatever yearly. How come we haven't gotten any?

I have tried selling off the shares I got at discounts so many times, buh no one seems to be buying. That's the most annoying part.

Did you buy shares also?

emekad2:
That is why you are advised to seek financial advise before going into any investment. Piggyvest did not scam you. That's the nature of real estate investments especially where piggyvest is acting as a third party.

Yes, I believe I saw something like that when I was about to purchase the shares. But I felt in the worst case scenario, I would sell the shares at an undervalued rate.

I also thought Piggyvest should have made this process seamless, regardless of whether a third party is involved. People should be able to access their funds even if it's undervalued.

The truth is that no scam would actually appear as one. Look at cbex, organized scam is very difficult to detect. How much do we know piggyvest know about these companies?
Is SEC even aware of these types of investment options on piggyvestt?

Piggyvest is an online savings platform that makes you save money and gives interest overtime.
But Piggyvest has an 'investment' option which seems to be the channel through which the scam is being deployed.

My Experience: I bought some shares as a form of investment in real estate sometime last year.
I was prompted to buy in this sector because my understanding of real estate is that the monetary estimation of a property always appreciates over time. Also, it was stated that investments get as high as 35%pa return.
Months after investing, I was surprised to find out that, my shares, instead of increasing in value as properties are meant to appreciate, was actually decreasing in value and as it is, the estimation has long ago remain fixed.

My unanswered questions:
Why is such a deceptive investment option on the Piggyvest platform? A platform approved by SEC.

What are the factors responsible for determining the direction (up or down) in which the stock/shares purchased would go?

Why would the estimated value of shares that represent units of a real estate lose value/remain static for about a year?

What happened to the monies paid. What market is regulating these funds? Because my knowledge of shares is that they can be bought and sold at any time.

Is a platform unjustly holding onto people's funds, with no way to immediately access the money, an investment platform or a scam.

How long has this option of trading been active and how many people have abandoned their funds?

How come no one seems to be talking about this, or is it normal?

When can investors expect to get back their monies, if ever, and what would be the value of the money paid to justify that the Piggyvest investment venture is actually a savings/investment venture and not an organized scam like Cbex?

Answers would be appreciated if you're familiar with this investment option.

I've got 7000 reasons to be here, on this page.

Mblem:



Why some are criticising
People are buying.
Please don't let criticism scared you, still much available.

While some...

...let criticism scare you...

The purpose of this thread has been abused a long time ago and while very few people goods at clearance prices, majority - like you - goods at prices higher than new ones.

What made me read through your post was the fact that you stated the goods are at clearance sales. Then I noticed your meter reader which I've been planning to get in case I move to an apartment where I won't have my personal meter.

You cannot put up prices like that and call them clearance sales. Your post is not just misleading, it is a blatant lie!

Please try and do better next time.

Happy sales and happy married life.

bizza45:
Does anyone have a DStv pan for sale?? Kindly chat me up immediately... I need it urgently

Have you seen it?

0816832733 nine if no.

sofdoc1:
I've got this mattress for sale at lekki, barely used still with waterproof.
6 by 6 '20
150k
0816832733 nine

Still selling

I've got this mattress for sale at lekki, barely used still with waterproof.
6 by 6 '20
150k
0816832733 nine

Horllar1990:

Imota
Deed of Assignment
Corner piece stone..
Table format

Ok, thanks for sharing

Horllar1990:
Two virgin plot of land for sale at ikorodu urgently by owner, you can refer and earn 5%
Going for 3.5m

Where in ikd and what documents do you have?

Badb0y4lyf:
Note even one clearance sale in the last 20 page all business sale. Seems we need to create another thread for clearance sale and leave this for business rs

It won't work.

The moment it gains traffic, the pests would crawl unto the new thread and start posting there too.

Badb0y4lyf:
Note even one clearance sale in the last 20 page all business sale. Seems we need to create another thread for clearance sale and leave this for business rs

It won't work.

The moment it gains traffic, the pests would crawl unto the new site and start posting there too.

Apologies for derailing - though it seems to have been derailed for some time now - this thread.

Is any one familiar with the usage of Djack home theaters? Any idea on how to play songs on it using a flash drive? I plugged one in and...nothing

Stormyweather:
Are you sure it's not "Elugee" you bought?

I was shocked when I saw his post. Maybe he is referring to 2023. Even so...

tjcoded:
Available in 40 to 46
Fully boxed
Brown and black Available
21,500

Number?

sholikay:
I think this is it....

God bless you bro...it sure is.

Sorry for derailing this thread...can anyone the name of the immune booster that was d some months back that some people testified to it's effectiveness?
The drug was clearly stated to cure about any disease and wash the system.
Thanks.

Fifi2017:



Please do you have this i need 2 pairs or know where i can get please. Its an Adidas core sneakers

E dey jumia na

Chevrolet076:


How do I go about this please?

Chevrolet076:


Hmm I understand. Thank you

You can get a meter reader in this case.

Hi guys, please how do I activate otg on my Redmi note 8?
Or is the feature not operational on the device?

Good morning guys, is anyone else having problems adding their Google to their phones?

It keeps stating my can't be added, this has been going on for days.

Has anyone else experienced this? Is hard reset the way to go?

Suggestions please.

Unique page number.

DenreleDave:


Microwave available - 15k (not negotiable)

That thing above it is a hot plate..

For real?

I'm in need of a good Redmi note 8 battery please, thanks.

preciousele:
Kitchen utensils for grab

Na your wedding gifts you don dey sell so?

How much is the cookware and your precise location?

resa123:
Hello all,

I have the below items for sale:

1) wedding gown( just won once)
2) set of glass cups
3) soup toureen dishes
4) 4 by 6 bed with mattress
5) 4by 6 bed without mattress
6) set of pots ( brand new)
7) 5000 watt stabilizer
8 Two standing mirrors
9 Sony dvd player with speakers
Kindly dm for pictures

Location?

siegfried99:
Hp EliteBook 820 G3
Intel core i5 6th gen
12.5" HD display
8GB RAM/ 256GB SSD
Fingerprint scanner
Backlit keyboard
Charger included
Windows 10 and office installed
Clean 7/10

@105k

Battery life?

Conner44:


I would have recommended one for you but the bolded above made me pause.

Those two statements are ‘fighting’ themselves. Have you heard about something called an opportunity cost ?

Lolz...ok, forget the fast for long. I'd wait if I could get one that gauges the tire well.

Which one are you recommending?

sofdoc1:
Can someone please recommend a good portable tyre inflator that's less expensive than v-star.

If you've used/use one that pumps fast for long, kindly let me know.

Thanks.

Any ideas?