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DOZENS OF INVESTORS MEET AT ANGRY MONEY SCAM MEETING

written by Stephen Maguire January 11, 2011
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DOZENS of investors in the dodgy ‘pyramid’ scheme sweeping Donegal met in a Letterkenny Hotel last night to vent their anger.

Dozens of angry investors, some who invested more than €200,000 each in the scheme, are fuming that they have been left high and dry.

The Mr.Big behind the scam, which supposedly bought cheap stock and sold it on as a profit, has now fled to Estonia.

He has constantly told investors that they WILL get their money and named several dates for the money transfer.

But each time the conman has come up with different excuses.

Two of the agents who helped publicise and oversee the scheme met with investors at the Letterkenny Hotel and again assured them they will get their money.

An email from the company which arranged the investment scheme told investors they will have an update on their money by this FRIDAY.

However one investor told donegaldaily.com after the meeting that he will believe the promises from the company when he has his cash in his hand.   

“I have been told on four different occasions that I will be getting my money on four different dates.

“But each time these people have come up with different excuses. I’m at my wits end but I have to keep believing I will get my cash or I will crack up.

“I invested a six figure sum and I owe an absolute fortune. I don’t know what I will do if I don’t get my cash back.

“Now we’ve been told that we will be hearing major news on Friday about our money. I’m hoping against hope but we’ll see,” he said.

Ends

DOZENS OF INVESTORS MEET AT ANGRY MONEY SCAM MEETING was last modified: January 11th, 2011 by Stephen Maguire
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Stephen Maguire

Stephen Maguire is the co-founder of Donegal Daily. He has worked as a reporter for almost 30 years starting locally with the Donegal Peoples Press before moving to the Mirror Group. He continues to contribute daily to national media outlets including the Irish Times, RTE, the Irish Independent, Irish Sun, Irish Mirror, Irish Star, the Daily Mail and the Examiner.

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