As Kenyans, we are naturally optimistic individuals. Indeed, the average Kenyan is no specialist. He could be selling roasted maize in one corner of the country and driving a matatu in another!
Perhaps it is this ‘jack of all trades’ nature that could be the main catalyst for our potential financial downfall.
Simply take a look at the number of scams and pyramid schemes Kenyans have become victims of!
Remember the Roysambu title deed scams? Oh, and did we forget the numerous pyramid schemes that promise hundreds of thousands of shillings as we sat pensively in the comfort of our living rooms? How did those turn out?
Eerie silence…
So if that’s not enough, over a thousand Kenyans have woken up today to the stark realization that the Diamond Properties Agribusiness scheme was a dead end.
There’s is this obsession with the middle class and even hustlers to buy a piece of land/plot. Cons are taking advantage of this. Who said to be successful you must own a plot. #DiamondPropertiesScam
— Introvert Nextdoor?? (@felixnderie) February 12, 2019
A scam to say the least.
Indeed, the investors that pumped their hard earned money into this project are reaping returns…only this time their checks have a whole lot of zeros and no ones!
Which begs the question: why is the average middle-class Kenyan obsessed with owning land and making a quick buck?
If you’d have down your homework you would have noticed that the GH was over priced, for starters.
Then, if they could guarantee a certain amount per yr, why didn’t they farm profitably for themselves?
Why do you, stranger, a favor?
You were warned!!#DiamondPropertiesScam— Gathoni (@I_am_Gathoni) February 12, 2019
It all boils down to social pressure. In our country, the meter of success is definitive. Making it big depends on how much money you have in your bank account, the tracts of land that are under your name, and the number of beers or cocktails you can buy your crew on Sunday afternoons.
This is the Advertisement that was carried out by Diamond Properties on the Bethany 4 projects in Kajiado. Promising Kenyans great returns. #DiamondPropertiesScam
Video Courtesy :Diamond Properties pic.twitter.com/DBXPEhusYC
— BRAVIN™ (@ItsBravin) February 12, 2019
Which come to think of it, is pretty trivial.
The average Kenyan investor has lost more money to scams and rarely reaps substantial profits from his or her investments.