An Investor has voiced out her grief following the turn out of events in the company as the investors who were entitled to a 20% ROI , have stopped receiving their interest and the initial investment made have not been released by the company
An investor stated,
I became aware of ACER TRADING CAPITAL & INVESTMENT LIMITED when a friend of mine mentioned that she had invested with ACERTCIL and were being paid a monthly ROI of 20% smoothly without a glitch.
Daniel Nzei, the CEO, claimed to be running a company called ACERTCIL Acer trading and Capital Investment Limited registered with CAC RC 1724806 registered 19th October 2020 was trading long before registration as far back as April 2020.
An investment advisory services company that handles forex trading related challenges. A lot of investors actually paid money directly into his personal account based on the fact that his mother is a lawyer that works in Delta State Ministry of Justice and Barrister Smiles Azunda of Salod Chambers 21 Emekuku Street Dline Port Harcourt in Rivers State.
However, the company stopped payment of returns when it partly paid some investors and some never got any return on their investment. The problems started around October, 2020 last year when some investors were not paid their returns on investment promptly and at the same time the official registration of the company was done to boost investor’s confidence.
The company continued to return funds by trickery and false pretence from innocent investors who had no idea what was going on. In December, 2020 they claimed they were upgrading their online payment platform and this led to delays in payment of ROI to investors. Sequel to the cryptocurrency ban they also claimed their business was affected because of this and investors asked for payments in cryptocurrency which they declined. The company embarked on an expansion campaign in the midst of all of this and launched massive investment promos to lure unassuming customers to invest. All this was going on while defaulting on ROI payment to existing investors. Daniel Nzei went ahead to open offices in choice locations in Lagos, Port Harcourt and Abuja and leasing properties as high as N30M per annum in Abuja. And furnishing them with over N50M.
All this in a bid to present an image of a solid company with branches in key cities in Nigeria kept shopping for funds and was unable to pay investor on time and this carried till February, 2021. All the while they kept collecting funds from investors when they realised they couldn’t pay returns monthly. Infact what became clear is that different investors were being paid different rates of return depending on their relationship with Daniel Nzei. A mere 21 year old student of Uniport studying Biomedical Technology, A native of Kwale in Delta State managed to defraud people of their hard earned sweat and blood. He is the son of Uche Edith Nzei who works at the Ministry of Justice in Delta State and rather than use her motherly role as a mother to ensure her son does the right thing by returning peoples hard earned monies she is busy running from pillar to post in a bid to ensure her son absconds with people’s money. She is reported to have been withdrawing huge sums of cash on a weekly basis from accounts linked with her son.
At the initial stages it looked like Barrister Smiles Azunda who claimed to be an investor as well was all about ensuring people and presiding meetings with investors that their monies will be paid but his song has since changed and It appears that he may now be aiding and abetting or facilitating Daniel absconding with peoples funds. It looks like it may be his idea to employ delay tactics on the hope that people will forget their monies or become weary over time. Information has it that he has been well settled and his name and that of one Violet West are the names of the lawyers on the executed agreement investors were given. The idea of registering a cooperative as a way out of this mess is attributed solely to him.
Other directors in the company includes West Violet, who has once relocated to the UK after taking her own share of the loot and Victor David Nzei a student of Uniport studying Agriculture also a junior brother to Daniel Nzei.
One Joy Jacob’s a student of Uniport studying Agriculture, Daniel Nzei’s girlfriend recently got engaged last year with a 30 carat diamond ring and also recently launched her luxury boutique store in Port Harcourt in the midst of all this brouhaha. Her Social media caption read “launching into the deep” and “what God cannot do does not exist” as she announced the launching of her store in Port Harcourt.
The mother is wielding power to ensure that her two sons escapes the long arm of the law. She is using her office and position as a lawyer to intimidate investors and also to bribe her way out.
Acer Staff are being threatened, physically assaulted, arrested and confined due to the fact that they got investors to invest through them. Barrister Smile Azunda concealed the true situation of things even when things were on the downward spiral and it was becoming clear to all that this was just another ponzi scheme. Daniel threw fully into swindling innocent investors of their funds and promising returns even though the company was failing from investors that trusted him reassuring people they will be paid their ROI and capital back. Barrister Smiles has being the one bailing Daniel Nzei and Chairing Private meetings with investors.
What is clear is Daniel is toying with the lives of people. He is messing about with peoples hard earned money, sweat and blood and even though he makes it look like he plans to pay investors; it is beginning to look like he has no plans to. It looks like he is intentionally delaying payment with lame excuses in the hope that he will weary investors out.
He reported himself to EFCC Port Harcourt and was later transferred to State CID, Port Harcourt of which his mother used her influence as a lawyer to transfer the case to Federal CID, Abuja and he was released afterwards. As I write, Daniel Nzei is walking freely in Abuja whilst his investors are depressed and at the verge of committing suicide, some have lost their jobs and his staff are now jobless and on hide out because of life threat. He has cases ongoing with EFCC, Port Harcourt and State CID, Port Harcourt but the investigations are going at a really slow pace and there is concern from investors that if care is not taken there might be no solution.
It is alleged that Daniel Nzei and his Brother David Victor Nzei have converted the looted funds to Cryptocurrency and also he bought properties in his family name and in his mother’s name with the looted funds.
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