Oyster Property Group

Oyster put their interests before their investors. Interest rates have risen and this has increased holding costs, however interest rates are still only at historical averages so oyster should have factored this in without needing to reduce distributions paid to investors. We now have reduced monthly distributions for all our investments with them about half of what banks are paying and have closed redemption facility so we can't get our money out. This was supposed to be a hands off investment for us with monthly payments. Distributions so low it is not worth the risk of investing with them. They are spouting some bull about capital appreciation over time. What they fail to take into account is high inflation also, so although over the long term there maybe capital appreciation this is offset with increased inflation and reduced distributions! I do not recommend Oyster to any potential investor find another investment that will fairly compensate you for the risk of your investment!

February 2009 Oyster Managing Director MARK WINTER sucked me into buying 2 x $100,00 shares for Eagle Technology House in Wellington with net return of 10% paid monthly. He told me over the phone that I needed to hurry as shares were selling rapidly. Under pressure I took his advice. 2009-2013 I received $60,204.79. From 2014 - March 2019 ZERO RETURN. April 2019-September 2020 received $6,655.00 with no report of income statements for payments. 5th March 2021 get email from OYSTER AML who employed FIRST AML (Anti-Money Laundering) requesting proof of my identity under new Government legislation. Completed all of that AND THEN 29th March 2021 I receive a $75,812.00 payment into my account from Oyster. Oyster have not indicated what this payment was for or what it represented. I have since found out that Oyster sold Eagle Technology House property in Wellington to MARRIOTTS INTERNATIONAL GROUP. Oyster held a meeting I was not aware of consisting of a quorum, and sold my 2 shares without my knowledge. THIS IS THE BIGGEST SCAM EVER!

I invested with Oyster a couple of years back and I received a great return during that time plus I got a healthy capital gain when I redeemed my funds. The staff were great to deal with too, very professional!

Same thing as Malinda I’m getting contacted by the same person right now.

Same thing, I just received an email about working for them in the Automotive industry. HA! I've received a similar one already so I know of the bat it's a scam.