Investors of Chinmak Group, an investment company, have cried out on social media that their investment is about to go up in flames as the company has failed to meet its obligations.
About 4,500 aggrieved investors lashed out at the Chairman of the group, Marksman Ijiomah and social media influencer and the company’s brand ambassador, Amanda Chisom.
Investors have called out the trio of Ijioma, Chisom and Harrison Gwamnishu, a social media promoter for luring them into what many of them say is another Ponzi Scheme.
Early on the morning of Monday, March 21, 2022, investors alleged that a leaked bank document showed that the company does not have up to N1 million in its account as most of them invested more than that amount.
In a statement on his Facebook page, the CEO, Ijiomah promised that the investors would be paid in due course.
He disclosed the company has received petitions from government agencies over its inability to meet its obligations.
“Our bank accounts are still frozen,” the statement read. “we are faced with two options; to file for liquidation of all assets of Chinmark Group”.
The company added that “the debt funders are willing to clear off our liabilities and give us a flexible repayment plan from 8-10 years.”