Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

chemgear · 02-05-2020, 06:49 PM

https://www.cbc.ca/news/canada/calga...ltngxsCBHKJrfs

Clients invested thousands in this Calgary firm but there's a hitch — it doesn't exist

But in November 2019, seven clients tell CBC News, withdrawals stopped working and communications from the company largely ceased.

"All our withdrawals are still pending to date. We are still able to get into the system and see the investment growth … so we became skeptical, wondering what is really happening?" Mathebula said.

The Reannex Investments website states the company is located on the third floor of the Lancore Building, on 10th Street and 10th Avenue in southwest Calgary.

It's not.

That building is actually home to Alberta Supports (government-provided community services) and staff there said they have never heard of Reannex and, to their knowledge, it has never been located in the building. A spokesperson confirmed Alberta Supports has been leasing space on the third floor since 1991.

Other investors confirmed they had attended investment events in South Africa, and communicated with an investment manager named Nicholas Paul through WhatsApp who they believed was located in Calgary.

That Calgary number was disconnected — but Paul's WhatsApp account tied to the number is still active. CBC News reached out to him via the messaging app but, while the message has been marked as "seen" and Paul has since been online, he did not respond. Paul's photo shows a man, who appears to be in his 30s, posing in front of pop-up plastic igloos and Christmas lights.

The staff listed on the company website also don't seem to exist. Searches of staff members' names like "chief executive officer Sharlok Homes" turn up no results. Homes' photo is a stock photo.

02-05-2020, 06:49 PM	#532
chemgear Franchise Player Join Date: Feb 2010 Exp:	https://www.cbc.ca/news/canada/calga...ltngxsCBHKJrfs Clients invested thousands in this Calgary firm but there's a hitch — it doesn't exist But in November 2019, seven clients tell CBC News, withdrawals stopped working and communications from the company largely ceased. "All our withdrawals are still pending to date. We are still able to get into the system and see the investment growth … so we became skeptical, wondering what is really happening?" Mathebula said. The Reannex Investments website states the company is located on the third floor of the Lancore Building, on 10th Street and 10th Avenue in southwest Calgary. It's not. That building is actually home to Alberta Supports (government-provided community services) and staff there said they have never heard of Reannex and, to their knowledge, it has never been located in the building. A spokesperson confirmed Alberta Supports has been leasing space on the third floor since 1991. Other investors confirmed they had attended investment events in South Africa, and communicated with an investment manager named Nicholas Paul through WhatsApp who they believed was located in Calgary. That Calgary number was disconnected — but Paul's WhatsApp account tied to the number is still active. CBC News reached out to him via the messaging app but, while the message has been marked as "seen" and Paul has since been online, he did not respond. Paul's photo shows a man, who appears to be in his 30s, posing in front of pop-up plastic igloos and Christmas lights. The staff listed on the company website also don't seem to exist. Searches of staff members' names like "chief executive officer Sharlok Homes" turn up no results. Homes' photo is a stock photo.