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CityGate Housing

citygatehousing.com
1.2

40 reviews

3%
5-star
3%
Positive
93%
1-star
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ReviewTerminal Summary

CityGate Housing is a confirmed investment fraud scheme with an average rating of 1.2/5, where the company has ceased operations, stopped all investor payments, and is under active police investigation for fraud and money laundering with multiple director arrests.

Common concerns

  • Complete disappearance with investor funds ranging from £13,000 to £65,000 per person with no contact, no payments, and closed offices
  • Police investigation by City of London Police Economic Crime Department with 4 directors arrested on suspicion of fraud and money laundering; company operated as a Ponzi scheme promising 20% annual returns
  • False claims of government backing, local authority contracts, and regulated solicitor oversight that were entirely fabricated; property owners confirmed they had no contracts with the company

Customers mention

investment fraudPonzi schemeno refundspolice investigationgovernment-backed lieceased communication
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Showing 37 1-star reviews
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annonymous
12 November 2024

those seeking help on this potential…

those seeking help on this potential scam, there is a group of us who are looking at wealth recovery solicitors- they operate on a no win no fee basis and have been shortlisted as a law firm of the year.

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narinder gill
11 November 2024

Scammed

Scammed. Offices closed can't get through and fear have lost everything. Ppls can you get in touch if you also have similar experience to join forces asap

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Ashraf uddin Jabed
9 November 2024

I’m reaching out with a very concerning…

I’m reaching out with a very concerning update about Citygate Housing. It appears they have closed all their offices and taken down their signage, and unfortunately, I am now unable to reach them. I tried contacting Kai Martin, who assisted me with my investment, but he mentioned that he left the company without receiving his salary and is also in the dark about the situation. Given these circumstances, I believe we may need to consider immediate legal action. This has put my savings at risk, and I’m worried about recovering any of the funds. If you have any other information or suggestions on a course of action, please let me know. It may also be beneficial for all affected parties to join forces to improve our chances of success.

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Tom Anderson
8 November 2024

Citygate has turned out to be a scam

Citygate has turned out to be a scam. They have taken my money and ran off. The company directors are now showing as ceased and all IG posts with their team have been removed (comments are also disabled) everyone else who has invested needs to take legal action. I imagine the Feb date is the scammers trying to delay legal action whilst they ‘wind the company up’ there will be no buy out and no refund it’s all a scam.

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Imran Hussain
6 November 2024

I invested £27k stupid me I know after…

I invested £27k stupid me I know after 3 months of payment they stopped all Phones are switched of no contact wtf do I do now any help or advise ? Please email iah2023.hotmail.com or me or contact 07810826698. About to have a heart attack.

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Richard Vanstien
6 November 2024

I invested with citygate housing with…

I invested with citygate housing with payment to be made to me over 36 months however I have only received 3 payments and payments have stopped.Dont trust this company they claim all kinds of protection but it's false.

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Dannie Houlden
4 November 2024

Scam!!

Scam!!! Well marketed, well presented, promises government and local authority backed. Then they're gone with you money and the property isn't even theirs to rent, lease or own. I ignored, the little niggle in my gut and now down £27,000. Reported to the police!

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subhash
2 November 2024

AVOID! AVOID! AVOID!

They took my 65k for 5 units and promised 36 months of 'guaranteed' payments every quarterly. They even went to lengths to proove this was goverment backed and regulated so so nothing could go wrong and my payments would not stop. How wrong was I, after 1 payment all payments have been halted and they can not be reached. After closer inspection, I did a little research on the property I had invested with and contacted the owner and the owner has no contract with CG nor has he ever heard of them. I put my money and faith in them and they ruined my family. AVOID AT ALL COSTS.

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NAIVE INVESTER
1 November 2024

PONZI PONZI PONZI

People leaving reviews like Najeeb Alneab (below) are clearly connected to Citygatehousing and are the ones pocketing investors money. Their message should be flagged and removed from this site. Which company doesn't respond to emails or have a phone number to contact? Day by day it is becoming more and more apparent they are scammers. Plain and simple there is no government backing and there is no social housing. They have 0 contracts with any councils as they claim and no estate agent of the blocks they mentioned have heard of them! Justice will be served to these frauds!

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London Uk
1 November 2024

Can some one please email me regarding…

Can some one please email me regarding this essexlondon2001 gmail.com As I'm going to take an action

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John No-Doe
31 October 2024

The Investment Equivalent of Setting Your Money on Fire

Investing with CityGate Housing. Think of it as a unique opportunity to watch your hard-earned money be spirited away to… well, I'm not entirely sure. Somewhere mysterious, definitely sunny, and far from any returns you’ll ever see. They market it as a “government-backed income” investment, which sounds reassuring—until you realise that the only thing that's actually guaranteed is their ability to dodge you once they’ve got your cash. Lovely. And the customer service? The last time I heard from them, I still had hope, which tells you how long it’s been. They call it a “partnership.” A partnership? I’d have more luck partnering with my late mother-in-law. I’m wondering if the next step is to send smoke signals to get an update. So, if you fancy an investment experience with all the customer service of a faulty toaster, CityGate’s your place. Just don’t expect them to respond, fix anything, or act remotely like a functioning company. Toss your money into a well instead. At least it won’t pretend it’s emailing you back.

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Ejaz Arshad
31 October 2024

I’m having the same issue

I’m having the same issue. Invested back in July, meant to received 1st payment on 20th October. Received an email regarding banking issue , just like someone other people mentioned here in their concern. Since then I’m trying to call and emails after emails, but there is no answer as of yet. I will wait another week before take a legal action, bring police in and other channels if needed. We all need to make enough noise to the authorities have no option, but to take action against these scammers.

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Disappointed user
30 October 2024

Cannot be contacted

October payment still hasn’t been received, and there's been no direct update on the supposed banking issue. It leaves me wondering if there was any malicious intent. They also announced an institutional buyout and claim they’ll return our initial investments by February 2025. With the lack of transparency, how can we trust this promise? They have ceased all communcations!

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Jim Dawson
30 October 2024

Citygate are liars rogues and thieves…

Citygate are liars rogues and thieves do not invest your are being scammed

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Ali Akram
30 October 2024

Recieved an email this evening from…

Recieved an email this evening from Citygate Housing saying they are going to be reimbursing all investors their initial investment back by Feb 2025…..? I’m not sure if I trust this, can anyone share some advice on what we need to do to get our money back and which authorities to speak with?

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CityGate Housing — Review Summary

Based on 40 verified customer reviews, CityGate Housing holds an average rating of 1.2 out of 5 — rated Bad on ReviewTerminal. 3% of customers gave 4 or 5 stars.

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