PBAY Limited to deduct 2% after efforts to retrieve locked-up funds for investors

Hundreds of aggrieved Gold Coast Fund Management Investors in Sekondi-Takoradi and its environs on Monday 2nd and Tuesday 3rd 2020, trooped to meeting ground as executives invited them to sign an agreement forms to facilitate the released of their locked up funds at Securities and Exchange Commission “SEC” aftermath of collapsed banks and financial institutions about 4 years ago.

The Gold Coast Fund Management customers in Sekondi-Takoradi and its environs at the meeting on 2nd November 2020, were issued with forms to tender in with the necessary information.

“A company, we don’t know the owners, has been set up to make an effort to get the Investments retrieved they will withhold 2% of our investments for their effort”, aggrieved investors hinted.

The agreement form indicate that Two Percent “2%” of each investment Account should be directly debited in favour of “PBay” Limited in consideration of its efforts to aid in the facilitation and payments of investment Account holder’s locked up funds with Securities and Exchange Commission “SEC” within an adjustment time frame of thirty “30” days from the date of execution in receipt of of the agreement.

According to some of the aggrieved Gold Coast Fund Management they agree with the 2% deduction if truly their locked up funds would be retrieved from the Securities and Exchange Commission through the unknown “PBAY LIMITED”.

Sekondi-Takoradi based reporter investigations revealed that majority of the aggrieved customers were found not reading the full details of the documents issued to them to be filled with account details.

Some of the aggrieved Gold Coast Fund Management investors in an interview with Vision1 Fm western regional correspondent, Benjamin Bray, alleged that some gurus in a certain political party are behind the move to pay their locked up funds before the 2020 December polls.

Filed By: Benjamin Bray – Vision1 Fm

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