The End Network
The End Network
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"FEP Holdings Exposed: How a Billionaire Dream Became a Nightmare
In this deep dive, we explore the incredible rise and tragic fall of the Fountain Enterprise Programme (FEP) Holdings, once a shining beacon of hope for thousands of Kenyan investors. Led by the charismatic Dr. John Kithaka, FEP promised to build a billion-dollar empire that would transform lives. However, due to overexpansion, mismanagement, internal corruption, and lack of transparency, the dream quickly turned into a nightmare.
Through detailed analysis and insights, we uncover:
How FEP raised billions from investors, both locally and in the diaspora.
The ambitious vision of Dr. Kithaka and why it failed.
Key mistakes in management and decision-making that led to FEP’s downfall.
Stories of the investors who lost their life savings.
Crucial lessons for future investors on spotting the red flags in investment opportunities.
Stay tuned for an eye-opening story that reveals the risks of blind trust and the cost of failed leadership.
#FEPHoldings #BusinessFailures #InvestmentScams #Kenya #JohnKithaka #FinancialLessons #BusinessMistakes #FEP
Переглядів: 11 815

Відео

What Went Wrong with M-Kesho? Safaricom & Equity Bank’s Failed Experiment
Переглядів 10 тис.Місяць тому
In 2010, Safaricom and Equity Bank, two of Kenya’s most powerful financial institutions, came together to create M-Kesho, a revolutionary mobile banking platform. It was designed to provide banking services to millions of Kenyans without the need for a traditional bank account, offering seamless access to loans, savings, and insurance-all from a mobile phone. Despite the groundbreaking potentia...
Cytonn Investments: From Promised Returns to Court Battles | The Untold Story | Business graveyard
Переглядів 38 тис.Місяць тому
n this episode of Business Graveyard, we unravel the shocking rise and fall of Cytonn Investments. Once hailed as a game-changer in the investment world, Cytonn promised high returns with its Cytonn High Yield Fund (CHYF). But behind the scenes, cracks were forming. As thousands of investors cried foul, the company found itself entangled in legal battles, liquidation struggles, and mounting fru...
The Rise and Fall of Mobius Motors: Millions of Dollars Invested, Barely Any Sales!
Переглядів 72 тис.Місяць тому
Mobius Motors was once hailed as Kenya's answer to Africa’s tough transportation challenges. Founded in 2011 by visionary entrepreneur Joel Jackson, Mobius Motors promised a rugged, affordable SUV designed for Africa's unpaved roads. But by 2024, Mobius Motors had closed its doors for good, entering liquidation after failing to stay financially viable. What went wrong? In this episode, we dive ...
MOBIUS MOTORS PROMO
Переглядів 183Місяць тому
Mobius Motors was once hailed as Kenya's answer to Africa’s tough transportation challenges. Founded in 2011 by visionary entrepreneur Joel Jackson, Mobius Motors promised a rugged, affordable SUV designed for Africa's unpaved roads. But by 2024, Mobius Motors had closed its doors for good, entering liquidation after failing to stay financially viable. What went wrong? In this episode, we dive ...
CITIZEN TV MOGUL, SK MACHARIA WOES AT DIRECTLINE ASSURANCE
Переглядів 4,3 тис.Місяць тому
in this episode of The End Network, we unravel the shocking ongoings within Directline Asurance, the leading insurance providers per market share amongst the PSV market.
BUSINESS EXPLAINER SHARES
Переглядів 260Місяць тому
BUSINESS EXPLAINER SHARES
Late Night Business Episode 1 : The Story Of PETER MUHIA CEO GILTEX SOLUTIONS
Переглядів 456Місяць тому
A Gen Z Who Runs A Multimillion Tech Company: The Story Of Peter Muhia CEO Glitex Solutions," Peter Muhia shares his inspiring journey of leading a successful tech business. Born in Nakuru County, Kenya, with ten siblings, Muhia grew up in a challenging environment but attributes his hard work ethic to his father's dedication. Despite facing bullying due to a stutter, Muhia's father encouraged ...
WHY WAS SWITCH TV SWITCHED OFF? | BUSINESS GRAVEYARD EPISODE 1
Переглядів 21 тис.Місяць тому
In this episode of Business Graveyard, we dig deep into the story of once-promising TV Station, Switch TV that faced an unexpected collapse. From strategic missteps to market shifts and internal conflicts, we examine the rise and fall of Switch TV uncovering the critical lessons entrepreneurs can learn. #Buinessgraveyard #Switchtv #Businesscoach
Business lessons from a successful 64 year old - Prof Peter Mungai's | Late Night Business
Переглядів 5542 місяці тому
In this episode of Late Night Business with Ian Dennis, we sit down with the remarkable Professor Peter Mungai, a distinguished urologist, successful entrepreneur, and passionate farmer. Professor Mungai shares his incredible journey, from his groundbreaking work in the field of urology to his entrepreneurial ventures and dedication to sustainable farming. Whether you're an aspiring entrepreneu...
BUSINESS COACH PART 2 TX 040520
Переглядів 192 місяці тому
BUSINESS COACH PART 2 TX 040520
The Business Coach with Myke Rabar Part 2
Переглядів 1453 роки тому
The Business Coach with Myke Rabar Part 2
The Business Coach with Myke Rabar Part 1
Переглядів 2523 роки тому
The Business Coach with Myke Rabar Part 1
The Business Coach with Mark Steve, Spoton Vacations Part 2
Переглядів 2834 роки тому
The Business Coach with Mark Steve, Spoton Vacations Part 2
The Business Coach with Mark Steve, Spoton Vacations Part 1
Переглядів 6894 роки тому
The Business Coach with Mark Steve, Spoton Vacations Part 1
Darshan Chandaria Interview Part 1 | The Business Coach
Переглядів 1234 роки тому
Darshan Chandaria Interview Part 1 | The Business Coach
Darshan Chandaria Interview Part 2 | The Business Coach
Переглядів 1324 роки тому
Darshan Chandaria Interview Part 2 | The Business Coach
The Fashion Business Part 2 | The Business Coach
Переглядів 1034 роки тому
The Fashion Business Part 2 | The Business Coach
The Fashion Business Part 1 | The Business Coach
Переглядів 1904 роки тому
The Fashion Business Part 1 | The Business Coach
The Business Coach | Mark Kaigwa Interview part 2
Переглядів 214 роки тому
The Business Coach | Mark Kaigwa Interview part 2
The Business Coach | Mark Kaigwa Interview part 1
Переглядів 714 роки тому
The Business Coach | Mark Kaigwa Interview part 1
The Business Coach | Wanjiku Kandie Interview Part 2
Переглядів 234 роки тому
The Business Coach | Wanjiku Kandie Interview Part 2
The Business Coach | Wanjiku Kandie Interview Part 1
Переглядів 274 роки тому
The Business Coach | Wanjiku Kandie Interview Part 1
The Business Coach | Mercy Kyallo Interview Part 2
Переглядів 274 роки тому
The Business Coach | Mercy Kyallo Interview Part 2
The Business Coach | Mercy Kyallo Interview Part 1
Переглядів 354 роки тому
The Business Coach | Mercy Kyallo Interview Part 1
The Business Coach| Caroline Ngina Interview Part 2
Переглядів 394 роки тому
The Business Coach| Caroline Ngina Interview Part 2
The Business Coach | Caroline Ngina Interview Part 1
Переглядів 704 роки тому
The Business Coach | Caroline Ngina Interview Part 1
The Business Coach | Hosnain Noorlain Interview Part 2
Переглядів 74 роки тому
The Business Coach | Hosnain Noorlain Interview Part 2
The Business Coach | Hosnain Noorlain Interview Part 1
Переглядів 114 роки тому
The Business Coach | Hosnain Noorlain Interview Part 1
The Business Coach | Mwangi Mercedes interview Part 2
Переглядів 1004 роки тому
The Business Coach | Mwangi Mercedes interview Part 2

КОМЕНТАРІ

  • @mercyk2672
    @mercyk2672 4 години тому

    20% return is unrealistic. I've been investing in America for over 20 years and the highest return I've ever had was 13% on a very good year. If you hear 20%, just ran for your life

  • @njorogesamuel5428
    @njorogesamuel5428 18 годин тому

    You con artist.

  • @cookedgrenade69
    @cookedgrenade69 День тому

    What are these 20% returns that people don't the sus?

  • @cookedgrenade69
    @cookedgrenade69 День тому

    15:32 if dodgy press release was a person😄. Reminds me of BTCM

  • @cookedgrenade69
    @cookedgrenade69 День тому

    Most Kenyans can't afford a Mobius while cheap toyotas are still around.

  • @shitsugane
    @shitsugane 2 дні тому

    I just saw one today. I wanted to buy one.

  • @lawrencemaweu
    @lawrencemaweu 2 дні тому

    The advise in the end is just uum...not good. In Kenya, when you give someone your money, whether as a friend, or in an investment scheme, two things click in their head. First, you have sufficient money to live on so yiu do not need what you gave them. Second, they actually start wishing thet they asked for more. So, invest yourself. Go buy land and plant trees. In 15 years, the value of the land will have increased significantly and you can harvest the trees for more cash. Alternatively, buy land and grow grass, which does not need any management. You can sell that for millions in the future. Either way, keep your money close to yourself.

  • @godfreymwangi7266
    @godfreymwangi7266 2 дні тому

    Inadequate & proper leadership led to it's downfall...the guy should have invested on a good team with the same goals

  • @iglesiaswilliams7161
    @iglesiaswilliams7161 4 дні тому

    One day cover the story behind the fall of Brandplus tv

  • @jaymocool1218
    @jaymocool1218 4 дні тому

    Imagine our government killed the industry by taxing them instead they could have given them allowance so that we can create our own and boost our economic

  • @the.madkid
    @the.madkid 4 дні тому

    Follows typical startups run by foreigners. It's a donor trap, never lasts.

  • @nichokituku4799
    @nichokituku4799 4 дні тому

    4 million car isn't affordable to middle class.

  • @EchoChamberTV
    @EchoChamberTV 5 днів тому

    tamima was a menace, look into that hapo kuna story utakula poa

  • @franciskuria2777
    @franciskuria2777 6 днів тому

    Great work, kindly do resolution health collapse.

  • @charityndegwa6553
    @charityndegwa6553 6 днів тому

    My problem is Carolyne Murimi.She was also the face of Aberdare spa and lodge/elmer Naivasha. Is she part of the conn?

  • @africangirl189
    @africangirl189 7 днів тому

    So you don't want him to post things 😂 si he's waiting for final verdict he doesn't seem to be a bad guy though!! Can imagine the pressure he goes through daily hence why he seems cold and heartless....the business was a start up its normal for businesses to go south when starting up ... it's usually 50/50 we blame the investors for being ignorant 😂

  • @TheMuraguri
    @TheMuraguri 7 днів тому

    Red flags every 2 minutes... Kenyans need to scrutinize things better... we ignore especially when they come through church.

  • @Tiffy.Achy3
    @Tiffy.Achy3 8 днів тому

    He wants to deal with him😮. That aside do your due diligence ,thorough research before entrusting your life savings in any form of investment scheme

  • @calebmurenn7616
    @calebmurenn7616 9 днів тому

    Should have started small with many unknowns guys they would have probably grown ,this big time guys are not visionaries, they are expensive and the tv was too new 😂

  • @nicklaus8536
    @nicklaus8536 9 днів тому

    Your network really benefits students in accountancy, commerce, economics, and business studies, as well as enhancing general business knowledge. Please keep it up.

  • @jazzified360
    @jazzified360 9 днів тому

    You profit out of dying and dead businesses!😂

  • @nicklaus8536
    @nicklaus8536 10 днів тому

    Sometimes these initiatives aren't necessarily started with the intention of cheating or deceiving others, but they may fail due to the overambition and lack of experience of the pioneers involved, which seems to be the case here. In America, there's a saying: "Fail quickly so that you can learn and improve faster."

  • @dimawako5324
    @dimawako5324 10 днів тому

    The government should coming in and save this name

  • @dimawako5324
    @dimawako5324 10 днів тому

    The government should coming in and save this name

  • @JLano
    @JLano 10 днів тому

    Redcross shouldn't have veered off their line of business, they should have used the funds to setup a hospital which is in line with emergency medical relief. I blame managers who believe research reports prepared from offices a level above theirs with no groundwork done as the gospel truth. Anyone would have told them traditional Tv is dead, no one watches news anymore and the world has moved towards social media for news content, streaming and pay on demand content.

  • @lifewithharry254
    @lifewithharry254 11 днів тому

    Do for a company called Gold Avenue Africa

  • @swthedj254
    @swthedj254 11 днів тому

    Na bado Sasa Tv ya Komanda iko gangari 😂

  • @big_brayo
    @big_brayo 13 днів тому

    This brother has always had a sociopathic vibe😂😂😂

  • @erickjuma7643
    @erickjuma7643 14 днів тому

    Why are tou sugar coating matters. This was a pyramid scheme just like any other... people get scammed this way yearly

  • @petermuhoho3780
    @petermuhoho3780 14 днів тому

    Maybe this was just a scheme from the get go from their parent company Mobius UK. Make high administrative costs and pay themselves as they await for the kenyan brand to collapse.

  • @richgirl5635
    @richgirl5635 14 днів тому

    When I hear a company calling their clients family like names "cytonniaers" sijui " hustlers" ....I am out

  • @tpsl3445
    @tpsl3445 14 днів тому

    The elephant in the room is corruption. the cars should have ben cheaper than the secondhand vehicles we import here and their salaries would have stated lower. in their case, salaries for workers contributed to hiring by merit of 'connection'- (wewe unajua nani?) ama ( i know someone cheaper). other than hiring by merit of expertise/professionals ( we have so many good mechanical engineers with out job who would have started with lower pay) by so doing this brought about low quality high expenditure with also meant expensive cars. and to say they paid themselves that salary for 13 years with investors money is absurd! . come to think of it its the same thing happening in every gorv sector, uchumi, police, army, gorv offices, parliament, cs, sports, education, mining, farming, etc. This was doomed to fail from the start!

  • @geomembranedamlinersapplic6240
    @geomembranedamlinersapplic6240 14 днів тому

    Saying that the were no willing buyers for the mobius is a lie. We prepaid for the Mobius 2 foot kes 50,000. We waited for our turn to buy the car for years. They never produced the car, nor did they refund or money. They had the worst communication or pr ever. They used a lot of investor funds, and still defrauded potential buyers like me 😢

  • @makini6637
    @makini6637 15 днів тому

    Thank you Jesus. Niliponea chupuchupu.

  • @allann7668
    @allann7668 15 днів тому

    Mobius' initiative was quite idealistic. Their definition of "low price" was relative to foreign markets and not African markets and there isn't a "need" or desire for what they were producing. A rural business person is looking for a locally used vehicle costing about ksh 700k or thereabout, not 1.5 million+. Perhaps they would have been successful if they shifted their model to retrofitting imported vehicles with modifications that improved their functionality and durability on African roads. A lot of vehicles in rural areas have various mods to either increase ground clearance, make the suspension more rigid, or various fittings to protect the undercarriage or bumpers. If they changed their model and also considered urban vehicle owners who either have farms/shambas or frequently travel upcountry, then they may have penetrated the market. It's quite unfortunate but impressive that someone with little experience and understanding of the market had the networking capabilities and finesse to raise significant capital for a venture that wasn't feasible.

  • @KamauRuheni-eg5xe
    @KamauRuheni-eg5xe 16 днів тому

    This Dande guy and his Cytonn bs is an accomplished criminal and psychopath. Wait until his MMF blows up!

  • @charlieg6799
    @charlieg6799 16 днів тому

    Not one comment by someone who has actually driven one 🤔 Something missing in the photos of the ted presentation, the guy himself. That could have been compiled by a high school student overnight. Did the shareholders watch "the gods must be crazy" before every meeting? What were they thinking producing a windowless car with a '70's grill?

  • @joanmunene9663
    @joanmunene9663 16 днів тому

    Serious lawyers should come together and us witnesses who were scammed get together, my mum still keeps asking me about it, because i introduced her to it, so sad 😞

  • @lucyp8993
    @lucyp8993 16 днів тому

    I could never invest in that ponzi scheme just within 15mins of your talk i could walk away.

  • @lyqso
    @lyqso 16 днів тому

    always nice seeing a great informative videos like these

  • @martinowino9899
    @martinowino9899 17 днів тому

    I worked for this man 10 years ago, a great orator with a convincing tongue but delivery....

  • @bradpit4330
    @bradpit4330 17 днів тому

    This pyramid schemes are so common in the western world, crazy world!

  • @TirusKagiri
    @TirusKagiri 17 днів тому

    Stupid consider availability of market.simple

  • @Cocoa_nutz
    @Cocoa_nutz 18 днів тому

    Investing in kenya is a dead man's gambit.

  • @catherinegakinya6205
    @catherinegakinya6205 19 днів тому

    Conman

  • @givenkamba9620
    @givenkamba9620 19 днів тому

    Why don’t governments take over such initiatives and make them a success. The idea is brilliant and the mistake was to think it’s market was going to be Kenya but I don’t think so,they would actually be exporting to Southern Africa .the cost of buying vehicles in Africa is so high all the start up needed was a little more patient which a government would give for its stability.

  • @johnnjoki6068
    @johnnjoki6068 19 днів тому

    They shouldn't have concentrated on SUV market because the options are many they should have looked into the saloon car market and manufacture affordable saloons at a price range of 700-900K 0 mileage

  • @jay-lz6xu
    @jay-lz6xu 19 днів тому

    The risk management was compromised or shear greed.

  • @maneno_kairuki
    @maneno_kairuki 19 днів тому

    Big mistake they would made mini buses 🚌

  • @blesun_music
    @blesun_music 19 днів тому

    One of the problems of NGOs and non profit NGOs in Kenya is corrupt govt officials. They dive too deep in the funding and cripple the organisations.