Friday, September 14, 2007

WEALTH SOLUTION LATEST UPDATE FOR INVESTORS

THIS IS THE EMAIL WS SENT TO INVESTORS TODAY
As we have promised to update our Valued Investors on what is going on with WSL. Wealth Solution Limited public notice was published once again in Nigerian Tribune,Thursday 13th September,2007.
The Board and Management of WEALTHSOLUTION LTD,wish to sincerely appreciate God and you all that have partnered with us so far and for the infinite trust YOU have in the ability of Wealthsolution Ltd to productively manage your funds. It is highly appreciated. Since few months now,ithas beeen increasingly difficult to operate freely basically because of our subscribers' misconception, and lack of cooperation from the banks.
The following factors have greatly affected our productivity and performance:
(1) The ever presence of security operatives in and around our offices;
(2) Incessant invasion by these security operatives on the premises. Thus, crippling our business for days;
(3) Negative publications by the press;
(4) Government's unfavourable disposition towards the scheme; and
(5)Refusal of banks to take subscription fee from our subscribers and post our payment schedules.
These have had negative effects on our subscribers who have turned violet in order to take back not only their subscriptions but also their promised bonuses. In the light of all these, management has decided to formally suspended all activities with immediate effect. Our offices will remain closed to subscribers until the regulatory authorities are done with the on-going probe of our activities.
We assure our subscribers of the safety of their funds, and we will do all our best to institute a concrete arrangement for REFUND OF INITIAL CAPITAL, At the barest minimum. The modalities for this shall be communicated to you soon. It is therefore imperative that our subscribers should exercise some patience. We are still commited to the uplift of the quality of lives of Nigerians despite all odds.
We pledge to be back stronger shortly by God's grace.
Signed
Management
We are also using this medium to thank all those who subscribes under our agency that we cherished their understanding.
THIS SMS WAS SENT YESTERDAY TO ALL INVESTORS:
"Please look out for official statement of Wealthsolution in Punch of today, Sept 13, in respect of the recent clampdown on Fund Managers by the regulatory authorities. Thanks and God bless."

3 comments:

Anonymous said...

Hi, pls any latest info from wealthsolution"s office in ibadan, am one of the week 19 subscribers.

Babatunde Peters said...

ws office in ibadan is closed till furthur notice,they said they will return capital investment but i dont think so.

Martins Obafemi said...

those guys just ripped us off our money,my cousin in Nigeria convinced me to invest with them when i should have minded my ball.God will not forgive them.They have disappeared.