Ozi Osita (not real name), a Lagos State-based banker, has narrated how Oxford International Group, an investment organisation, refused to pay her N3 million months after her investment reached maturity.

The banker told FIJ that she reached out to the company several times after her investment matured, but did not get any response.

Osita further said Oxford International Group has continued to ignore her phone calls and emails till date.

Osita told FIJ that she was first introduced to the investment firm in 2021 by one of its staff members who happened to be her friend.

After the introductory phase, she further learnt of the firm’s various investment portfolios that included pepper farming, agro-farming, and the real estate investment arm of the firm.

Osita said she subsequently invested a total of N3 million on a few portfolios between August 2021 and July 2022 with Oxford International Group.

According to Osita, she would have reaped bountiful returns on her investment between August 2022 and January 2023, if the firm had honoured its own end of the agreement they both had.

In January, Osita said she visited a bank with two cheques in hand to withdraw her expected Return on Investment (ROI) from the firm, but they bounced.

“I had to email Oxford International Group to know why the cheques bounced and they claimed they had an issue with the Securities and Exchange Commission (SEC),” said Osita.

“I kept sending emails to know when they would pay me, but I did not get any response from them. At a point, they stopped responding to both my calls and emails.

“Sometime this year, they sent an email and said all investors should write out their complaints to a certain solicitor and I did. The solicitor advised I sent an email and I also did.

“Surprisingly, he did not respond to my mail. He also told me to call him after three weeks and when I did, he did not take my calls.

“Oxford International Group subsequently sent an email saying if we, the affected investors, needed a land offer, we should visit the solicitor’s office. Deep down, I knew I did not need it. I wanted my money. Till we speak, I am yet to get my money.”

Osita described the period the company failed to acknowledge and treat her request for ROI payment as a very “hurtful” experience. She said Oxford International Group ignored the request at a time she needed to pay her mother’s hospital bills.

FIJ made phone calls to Oxford Group International for comments on the matter, but its phone line did not connect. A text message sent to the firm had also not been responded to at press time.

(C)FIJ