Posted on June 5, 2020 @ 10:46:00 AM by Paul Meagher
I have been approached on a number of occasions by entrepreneurs asking me if Emerson Edeh is a registered investor on our network. Emerson is not a registered investor. What Emerson appears to be doing is googling public information on entrepreneur proposals to find contact info and then reaching out to entrepreneurs as if he were a registered member. He might say, for example, that he saw your proposal on the ****** Investment Network and that he is interested in investing in your company.
Today, he approached an entrepreneur with this offer:
I am willing to invest the sum of US$60,000 only with you in your Lucrative investment Project, if you are still active seeking funds / investor.
If the interaction gets beyond this stage, it usually involves Emerson asking for an up front fee or some sort to secure the deal. For example, to hire a lawyer to form a company and create the loan documents.
Emerson claims to be based in Nigeria but there is no credible online information to verify his identity. An entrepreneur has reported paying an upfront fee to Emerson and he is persistently contacting entrepreneurs on this platform with investment offers so the time has come to publicly warn entrepreneurs using this platform that Emerson Edeh is not a registered investor with this network and that I am advising registered entrepreneurs against any interaction with Emerson Edeh for the purposes of obtaining funding.
If you are approached by an investor who is not on your investor contact list you can verify whether they are a registered investor by asking them for their registered email address and using our Investor Verification tool to determine if they are. Be sure they have control of the email address. If they claim to have been referred by a registered investor find out who that registered investor is and what their registered email address is. If the investor is located overseas, there is a greater need for comfort that the person you are dealing with is credible as proper due diligence can be more difficult and expensive to perform. You should also contact us if you are approached by a non-registered investor claiming some association with an investment network site.