Monday, December 4, 2017

Investigating AG7Global

AG7Global is owned by alleged* fraudster Femi Agunbiade, I have mentioned him before on my blog in both Femi's Rental Scam and Who Is Femi. As well as his brother Jide Agunbiade. (They also go by Olufemi Agunbiade and Olajide Agunbide). I intended to post this along with one of those former postings but as I fell deeper and deeper into the rabbit hole that is AG7Global, I felt it deserved a dedicated post.


First off, when you google AG7Global this is what you get. For a company that claims to be "Toronto's #1 Investment Company" that 2.3 star review is pitiful.

The Google Reviews for AG7Global
 When you look into the reviews you find that there's 2 one star reviews that appear to be from victims of Femi's rental scam. There is also a 5 star review left by a "George Farga", which appears to be a fake account since it has had no activity either before or after leaving this review.

AG7Global's homepage

AG7Global claims to have a "Proven Track Record" and tries to prove that claim with images of lavish homes, along with the amount of money invested and what their return on investment was. They also say these are projects from 2016. However when you reverse image search the images provided you are given a different story. (Note: Some of the photos appear to have no internet trace aside from AG7Global's website itself.)


The photo of the house in the middle as seen above, is actually stolen from a real estate listing from 2017, as seen below.


This quickly becomes a trend, with almost all of the images being stolen from real estate listings online. No mention of AG7Global, or Femi / Jide Agunbiade. 

AG7Global stole this from Realtor Paul Nusca

AG7Global stole this from Lovvett Homes Realty
Often times the amount AG7Global claims to have invested into the project, is just slightly below what the home sold for. In the above example they claim to have invested $959,000 - but the house only sold for $999,999. When you factor in taxes and real estate fees you're looking at a very slim profit. 

Last but not least, this strange looking project AG7Global claims to have funded...
The two on the sides have no internet presence I could find, however the one in the middle...

A quick reverse image search brings up multiple mentions of the creative project, none of which mention AG7Global, or Femi Agunbiade, or Jide Agunbiade.


It was designed by Batay-Csorba Architects, in collaboration with some other groups... None of them being AG7Global. Despite not being funded by the fraudulent company that is AG7Global, it is a very cool project and you can read more about it: Here

Overall, it seems that everything Femi Agunbiade and Jide Agunbiade have to their names online is part of an elaborate scam. Hopefully this serves as a reminder to always do your thorough research on anybody you plan to give your money to. Things aren't always what they appear to be on surface level. 

Once again, if you have been involved in any of the scams Femi Agunbiade and Jide Agunbiade have been running please contact Toronto Police, Division 22. Phone: 416-808-2200 or in person at 3699 Bloor St. W, Toronto, ON.

UPDATE: As of December 12th 2017, AG7Global's website has been deactivated.

SECOND UPDATE: As of January 28th, Google has removed AG7Global AND AG7Media as business locations from search results.


JULY 2018 Update:


I was doing some more browsing and came across an article from "DigitalJournal" claiming to be a Press Release, promoting AG7Global.

AG7Global Press Release part 1
*Credit due to WaybackMachine

AG7Global Press Release part 2
*Credit due to WaybackMachine

AG7Global Press Release part 3
*Credit due to WaybackMachine

I contacted DigitalJournal immediately, asking them if they had done any research into AG7Global before posting the article, and sent them the link to the Global News segment about Femi/Jide's Alleged* Rental Fraud Scam. 

The article was removed within 24 hours, but I never heard back from DigitialJournal regarding my message, or why they removed the post. When you follow the link now you are greeted by the following page. 

The article has been entirely removed from the website
Hence why I went through WaybackMachine to obtain proof of the original posting. 

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