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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 1 5-star review
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Verified
Mr Investor
30 October 2024

Foolhardy

If you refuse to do your due diligence, are seduced by high rates of return and ignore warnings then this is what you get. I have spoken to many investors and tried to warn them about Citygate but most went ahead and invested regardless.

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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