Tuesday May, 21 2024 03:56:39 AM

Impatient investors await payout in Koronadal

Local News • 09:15 AM Fri Jun 21, 2019
1
By: 
Edwin O. Fernandez
Jogle investors wait for "announcement" of payout in Koronadal City.

KORONADAL CITY – Investors of Joglew Marketing here have complained of non-payment of return of investments as promised on Thursday.

Several people have trooped to Jogle Marketing along GenSan Drive hope to get the “payout” on Thursday only to be told that “no releases today and wait for further announcement.”

Some investors told Radyo Bida Koronadal that the promised “times seven interest of your investments” has been reduced to “times two.”

Mathematically, an investment of P10,000 was supposed to earn P70,000 in a month. With the announcement Thursday, an investment of P10,000 would earn only  P20,000 but uncertain when it will be released.

“Nalipasan na kami gutom sa kahulat diri,” one investor told Radyo Bida. “Simula pa kami aga diri asta karon alas 4 na waay lang gihapon, gahulat kami pay out.”

She said she has been repeatedly coming over to claim her ROI but only to be told to just wait.

The investor was scheduled to claim her payout on June 8, 9 and 10 but to date she is yet to receive her ROI.

Efforts to reach out to Jogle Marketing proved futile as of posting.

Jogle is one of the many investment schemes that entice people to invest for high return of investments.

It was learned that among the investors of Jogle are police officers, soldiers, businessmen, retirees, farmers, tricycle drivers and even students.

A retiree who asked not to be named said she first invested P20,000 on May 30.  She was supposed to earn her ROI on June 30.  During the first week of June, she again added P50,000 investment to Jogle. She is yet to receive. (EOF)

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