I had the same experience in 2007 when I asked to withdraw since they never kept any promises they had on paper, and I got back about 55% of what I had saved for a 3 year period. Decided to count my loses and start afresh - pole sana, you are not alone, and those who havent jumped in, please don't ./Ok3ch On Tue, Nov 24, 2009 at 10:20 AM, wesley kirinya <kiriinya2000@yahoo.com>wrote:
Thanks for sharing, sorry for the experience. It's always good for a lawyer to look into any important doc one signs.
--- On *Tue, 11/24/09, aki <aki275@googlemail.com>* wrote:
From: aki <aki275@googlemail.com> Subject: Re: [Skunkworks] On investments: Fraud Investigations at Old Mutual To: "Skunkworks Forum" <skunkworks@lists.my.co.ke> Date: Tuesday, November 24, 2009, 9:04 AM
On Tue, Nov 24, 2009 at 9:48 AM, ndungu stephen <ndungustephen@gmail.com<http://mc/compose?to=ndungustephen@gmail.com>
wrote:
A lawyer looked at the policy document and decided that it was absolutely wak ! There were no promises to uphold the contract, terminate or protect your investment,
as promised by word of mouth.
I tried to quit - then they would tell you one thing by mouth as how to "gracefully" exit - in terms you find acceptable by mouth - but when it came to paper work, they did calculations that lost me over 50% of my savings.
If you know anyone in these "investments schemes" or you are in one yourself with Old mutual, be ware.
@Ndungu, whoaa! poolay for loosing out on hard earned savings. :-(
And thanks for sharing the info. Though I'm not with them I know of friends who are, will pass on the info.
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