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Post by dutchman on Mar 31, 2021 10:57:47 GMT
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Post by captainconfident on Apr 1, 2021 19:41:08 GMT
There is a reply from Estateguru at the bottom of the post linked above. However, while it outlines what Estateguru are doing about the default and thanks the author for his 'detailed and vital' post, it fails to address any of the very serious accusations of conflict of interest and more critically for the credibility of the platform, gross overvaluation of the collateral.
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Post by gmaxkenny on Apr 5, 2021 19:20:34 GMT
I have suspected for some time that EG was not all it seemed like most Baltic State P2P companies it turns out. How a platform that used to list a few projects monthly has for the past year in the middle of a pandemic being listing several a week is very suspect. I have been withdrawing from this company along with all others for over a year now as the risks compared to the poor returns are not worth taking. From dealing with one such platform which closed up shop I am amazed at the endemic corruption in the business and legal setup in said Baltic States. Best avoided.
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