Chinmark Group owned by Marksman Chinedu Ijioma is crumbling with investors rushing to take out their funds.
Chinmark Group the Marksman Chinedu Ijioma owned company began its journey into crisis after the Security and Exchange Commission – SEC accused it of operating an illegal investment scheme under t its subsidiary, FINAFRIC INVESTMENT.
The statement by the SEC exposed Chinmark Group of running a Ponzi scheme and since the report appeared on ENigeria Newspaper investors have been rushing to take out their investments hence the company’s current woes kept increasing.
Some investors of Chinmark Group which claims to be a global conglomerate made up of subsidiaries that provide an opportunity to touch lives via the services she provides have cried that they need their money back following delays in payment of their “ROI”.
One of the investors who identified herself as Ifeoma Ogbu said “My 1m is stucked with Chinmark, nobody is telling us anything. I just hope God sees him through. That money is my life savings. Father Lord pls help me come out of this victorious”.
“My partnership with them ended 8th of January 2022. I didn’t receive ROI nor my capital. I’m not concerned about the ROI all I need is my capital.”
Another investor, Grace Tochi said,
“500k belonging to my immediate younger sister who has a child is there.”
“They promised this week, I am giving them till this Friday, if not is done, then my outburst will be crazy.”
Another investor, Anthony Patience vowed not to invest her money again following their inability to credit her account.
She said : “It’s well ooo all I know is that nothing on earth will make me invest my shishi to whosoever company, I rather dig ground and berry my money to avoid story that touches the heart, don’t know what’s happening to them again.”
And Chinmark Group Threatens fire and brimstone
Meanwhile, the company has threatened that they will not tolerate all fabricated social media stories from non-clients.
In a statement signed by Barr Favour Ajuebor and obtained by 9NEWS NIGERIA the company said, there are new changes in the affairs of the company and relevant additional government documentation are currently being processed for the smooth running of the partnership arm of Chinmark Group.
The statement reads, “The attention of the Chinmark Group has been drawn to stories from different quarters concerning the partnership arm of the company.”
“There are currently new changes in the affairs of the company and relevant additional government documentation are currently being processed for the smooth running of the partnership arm of Chinmark Group.”
“We appreciate our clients for standing strong.”
“If you have not yet received your ROP or partnership funds kindly send a mail to [email protected] with your details.”
“Henceforth, all fabricated social media stories from non-clients will not be tolerated.”