Details: Investment Scheme Investors Can See Profit Real Time But Can’t Withdraw

For many customers, there is a lot of gnashing of teeth as the realization of falling prey to fraud in this particular investment scheme set.

Customers can see their earnings grow in real-time on the company’s interface but are not getting credited to the bank accounts attached to the investments.

That is the story of GMG Investments (GMGtrys.com), offering customers 25% of whatever they put in as daily earnings in the guise of providing power to homes and industries.

It was launched in March 2023 SocietyNow.Ng gathered.

The investment scheme fixed the minimum amount that can be put in at N2,000 (N500 daily and total income, N15,000) while the maximum is pegged at N300,000 (N75,000 daily and total income, N2,225,000).

Between the minimum and maximum amounts that can be invested, there are investment plans with different amounts categorized from Aluminum-Ion -1 to Aluminium-Ion-8.

“The simple explanation is that their core service is providing power to homes and industries using a huge power generation machine that is powered by batteries. A solar machine of a sort. It works 23hours a day and customers are propositioned to invest in the name of buying batteries and earn 25% of whatever they put in every day for 30 days and get to reinvest or pull out their earnings” SocietyNow.Ng gathered.

There is said to be an interface where investors monitor their earnings real time on the company’s website.

The information available to SocietyNow.Ng revealed that after using a series of pay-outs to lure in many “investors”, GMG Investments’ is no longer giving customers their earnings.

“They are just seeing it grow but can’t touch it” SocietyNow.Ng gathered.

And some people are still putting in their money based on the testimonies of those used to lure in others added information revealed.

“They pay people for getting investors on board” SocietyNow.Ng learned.

Checks by SocietyNow.Ng points to those behind the scheme fraudulently reaping off clients leveraging the integrity of a foreign-based energy saving and energy storage solutions company, Graphene Manufacturing Group (GMG) which has distanced itself from such investment claims and declared it is “not marketing investment opportunities in Nigeria nor elsewhere and does not seek investments or monies over the internet.”