Any experiences with Britak? Are they clean.. some1 is trying
to get me in
From: skunkworks-bounces@lists.my.co.ke
[mailto:skunkworks-bounces@lists.my.co.ke] On Behalf Of saidimu apale
Sent: Tuesday, November 24, 2009 7:16 PM
To: Skunkworks Forum
Subject: Re: [Skunkworks] On investments: Fraud Investigations at Old
Mutual
I'm afraid a personal financial
advisor doesn't help either.
I had such an advisor with Commercial Bank of Africa (CBA) and I still got
defrauded, and this was with offshore investments. The investment advisor was
in fact the head of their offshore investments unit.
CBA never refunded a single cent, never admitted liability (even though the
head of the offshore unit was fired and the offshore unit dissolved).
Moral of the story: it doesn't matter who you invest with in Kenya, you're
totally screwed. It doesn't matter how "reputable" the bank is (like
CBA pretends to be), you are still toast because the regulators are in bed with
these crooks.
I considered suing CBA but given our (in)justice system and how easy it is to
bribe your way to winning a case, it just wasn't worth the time and effort.
saidi
On Tue, Nov 24, 2009 at 10:50 AM, Steve Muchai <smuchai@gmail.com> wrote:
See a
personal financial advisor and have them go through the document for
you before you sign up.