DiversyFund Reviews 

Terrible returns and bad customer service. Avoid this company it’s most likely a scam

I invested $500 in an REIT account with DiversyFund five years ago this month. At that time, they stated that at the end of five years, you could either reinvest the money or have your $500 returned.

Mark Flanigan
Individual
FUND I ACCREDITED & NON-ACCREDITED
Default Class
$500.00
Jul 19, 2021 at 6:58 AM
Status: Fulfilled
Lead manager
Craig Cecilio

After I attempted to contact them and request my refund as promised, on numerous occasions through their website, which is VERY unresponsive, they sent me some copy and paste response that said the following:

Ronal Ayala
about 2 hours ago

Hi Mark,

We understand how frustrating it is to feel unheard, especially after the promised timeline has passed without clear communication.

These investments are structured as long-term, illiquid real estate investments. Investor capital is deployed into acquiring, improving, and operating a portfolio of multifamily properties, and is not held in cash or readily available for withdrawal.

As a result, investors should not expect to be able to withdraw funds on demand or close their account prior to the completion of a fund’s investment lifecycle.

Returns of capital are generally expected to occur as properties are sold during the final winding-up stage of the fund, at which point sales proceeds are distributed to investors as dividends.

Estimated Fund Lifecycle and Distribution Timing:

Fund I
Dissolution Date: December 31, 2025

Winding-Up Period: Currently in progress (2026–2027)

Expected Asset Sales Timing: Substantial completion expected by the end of 2027.

Best regards,
Support Team

I do not accept this answer and want my initial $500 investment refunded, as promised, as the five years are up and my status is fulfilled. Please contact me ASAP to resolve this complaint. This kind of duplicity cannot be allowed to stand.

Thank you!

Mark Flanigan

Definitely this company is a scam. Tell everybody will get their money back in five years and nothing, I sent over 20 emails and haven’t received anything that’s OK cause God doesn’t like ugly.

𝙏𝙝𝙚𝙞𝙧 𝙘𝙪𝙨𝙩𝙤𝙢𝙚𝙧 𝙨𝙪𝙥𝙥𝙤𝙧𝙩 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙚𝙡𝙮 𝙞𝙜𝙣𝙤𝙧𝙚𝙨 𝙮𝙤𝙪, 𝙖𝙣𝙙 𝙄 𝙝𝙖𝙫𝙚 𝙗𝙚𝙚𝙣 𝙪𝙣𝙖𝙗𝙡𝙚 𝙩𝙤 𝙜𝙚𝙩 𝙢𝙮 𝙢𝙤𝙣𝙚𝙮 𝙤𝙪𝙩 𝙖𝙛𝙩𝙚𝙧 𝙨𝙚𝙫𝙚𝙣 𝙮𝙚𝙖𝙧𝙨. 𝙄𝙩 𝙞𝙨 𝙙𝙚𝙫𝙖𝙨𝙩𝙖𝙩𝙞𝙣𝙜 𝙩𝙤 𝙧𝙚𝙖𝙡𝙞𝙯𝙚 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙮 𝙝𝙖𝙫𝙚 𝙨𝙩𝙤𝙡𝙚𝙣 𝙝𝙪𝙜𝙚 𝙖𝙢𝙤𝙪𝙣𝙩𝙨 𝙤𝙛 𝙢𝙤𝙣𝙚𝙮 𝙛𝙧𝙤𝙢 𝙨𝙤 𝙢𝙖𝙣𝙮 𝙞𝙣𝙣𝙤𝙘𝙚𝙣𝙩 𝙥𝙚𝙤𝙥𝙡𝙚 𝙬𝙝𝙞𝙡𝙚 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙚𝙡𝙮 𝙧𝙚𝙛𝙪𝙨𝙞𝙣𝙜 𝙩𝙤 𝙥𝙖𝙮 𝙖𝙣𝙮𝙩𝙝𝙞𝙣𝙜 𝙗𝙖𝙘𝙠. 𝙋𝙤𝙩𝙚𝙣𝙩𝙞𝙖𝙡 𝙗𝙪𝙮𝙚𝙧𝙨 𝙣𝙚𝙚𝙙 𝙩𝙤 𝙗𝙚𝙬𝙖𝙧𝙚 𝙖𝙣𝙙 𝙨𝙩𝙖𝙮 𝙖𝙨 𝙛𝙖𝙧 𝙖𝙬𝙖𝙮 𝙛𝙧𝙤𝙢 𝙩𝙝𝙞𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙮 𝙖𝙨 𝙥𝙤𝙨𝙨𝙞𝙗𝙡𝙚.

𝙚𝙙𝙞𝙩:

𝘿𝙤𝙣'𝙩 𝙚𝙫𝙚𝙣 𝙗𝙤𝙩𝙝𝙚𝙧 𝙧𝙚𝙥𝙡𝙮𝙞𝙣𝙜 𝙩𝙤 𝙩𝙝𝙞𝙨 𝙬𝙞𝙩𝙝 𝙖𝙣 𝙖𝙪𝙩𝙤𝙢𝙖𝙩𝙚𝙙 𝙘𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙚 𝙖𝙥𝙤𝙡𝙤𝙜𝙮 𝙖𝙨𝙠𝙞𝙣𝙜 𝙢𝙚 𝙩𝙤 𝙘𝙝𝙚𝙘𝙠 𝙢𝙮 𝙚𝙢𝙖𝙞𝙡 𝙤𝙧 𝙨𝙪𝙗𝙢𝙞𝙩 𝙖𝙣𝙤𝙩𝙝𝙚𝙧 𝙨𝙪𝙥𝙥𝙤𝙧𝙩 𝙩𝙞𝙘𝙠𝙚𝙩. 𝙄 𝙨𝙥𝙚𝙣𝙩 𝙨𝙚𝙫𝙚𝙣 𝙮𝙚𝙖𝙧𝙨 𝙬𝙖𝙞𝙩𝙞𝙣𝙜 𝙛𝙤𝙧 𝙮𝙤𝙪𝙧 𝙩𝙚𝙖𝙢 𝙩𝙤 𝙙𝙤 𝙩𝙝𝙚 𝙧𝙞𝙜𝙝𝙩 𝙩𝙝𝙞𝙣𝙜 𝙬𝙝𝙞𝙡𝙚 𝙮𝙤𝙪 𝙝𝙚𝙡𝙙 𝙢𝙮 𝙛𝙪𝙣𝙙𝙨 𝙝𝙤𝙨𝙩𝙖𝙜𝙚. 𝙎𝙞𝙣𝙘𝙚 𝙮𝙤𝙪𝙧 𝙘𝙪𝙨𝙩𝙤𝙢𝙚𝙧 𝙘𝙖𝙧𝙚 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙚𝙡𝙮 𝙖𝙗𝙖𝙣𝙙𝙤𝙣𝙚𝙙 𝙢𝙚, 𝙄 𝙨𝙩𝙤𝙥𝙥𝙚𝙙 𝙬𝙖𝙨𝙩𝙞𝙣𝙜 𝙩𝙞𝙢𝙚 𝙖𝙣𝙙 𝙩𝙚𝙖𝙢𝙚𝙙 𝙪𝙥 𝙬𝙞𝙩𝙝 #𝙯𝙚𝙡𝙧𝙞𝙩𝙝. 𝙒𝙚 𝙬𝙚𝙣𝙩 𝙙𝙞𝙧𝙚𝙘𝙩𝙡𝙮 𝙖𝙛𝙩𝙚𝙧 𝙮𝙤𝙪𝙧 𝙤𝙥𝙚𝙧𝙖𝙩𝙞𝙤𝙣, 𝙗𝙮𝙥𝙖𝙨𝙨𝙚𝙙 𝙮𝙤𝙪𝙧 𝙗𝙧𝙤𝙠𝙚𝙣 𝙨𝙪𝙥𝙥𝙤𝙧𝙩 𝙘𝙝𝙖𝙣𝙣𝙚𝙡𝙨, 𝙖𝙣𝙙 𝙤𝙛𝙛𝙞𝙘𝙞𝙖𝙡𝙡𝙮 𝙛𝙤𝙧𝙘𝙚𝙙 𝙮𝙤𝙪 𝙩𝙤 𝙧𝙚𝙡𝙚𝙖𝙨𝙚 𝙖𝙣𝙙 𝙧𝙚𝙩𝙪𝙧𝙣 𝙢𝙮 𝙢𝙤𝙣𝙚𝙮. 𝙄𝙛 𝙖𝙣𝙮𝙤𝙣𝙚 𝙚𝙡𝙨𝙚 𝙞𝙨 𝙙𝙚𝙖𝙡𝙞𝙣𝙜 𝙬𝙞𝙩𝙝 𝙩𝙝𝙚𝙞𝙧 𝙚𝙣𝙙𝙡𝙚𝙨𝙨 𝙙𝙚𝙡𝙖𝙮𝙨, 𝙨𝙩𝙤𝙥 𝙬𝙖𝙞𝙩𝙞𝙣𝙜 𝙖𝙧𝙤𝙪𝙣𝙙 𝙖𝙣𝙙 𝙛𝙞𝙜𝙝𝙩 𝙗𝙖𝙘𝙠!

Anyone who thinks this is a scam does not understand Private Placement Investments, nor Investment Funds, nor Investing in Start Ups.

They are not a public investment where there is 24/7 liquidity. These are longer term investments in Real Estate and a growing company.

They own the real estate and managing and exiting successfully is alot of work. They do not have time to hand hold small investors.

Most of their investments require Acreddited investors, but it seems one of their crowdfunding funds, allowed very small investments. Any of these 1 stars is likely from low minimum investors who thought this would be like crypto and not a Real Estate Investment Trust. If you want liquidity stick to the public markets.

Six years later and still no way to withdraw my money from this REIT. The original timeline passed ages ago but there is always a new excuse regarding liquidation. It is exhausting. Honestly, setting up my current cannabis asset pool on Capitize recently emphasizes just how stale this situation is. My capital is basically stuck in limbo here indefinitely.

Customer support doesn't respond. I am unable to get my money out after 7 years. This company is just a scam. Unforunately, they stole a lot of people's money and refuse to pay anything back. Buyer beware.

I had a very disappointing experience with this company.

When I invested, I was told my funds would need to remain locked in for six years before I could withdraw. That period has now passed, and I have been trying to access my money with no success.

At this point, I have not been able to reach anyone through email. There is no phone number available, and no responses via Instagram or any other communication channel I’ve tried. I have made multiple attempts to get support and clarification, but I have been completely ignored.

As it stands, there appears to be no accessible way to withdraw my funds or even get a response from the company.

Based on my experience, I am extremely concerned and cannot recommend this service to others. I strongly urge anyone considering investing to proceed with caution and do thorough due diligence before committing any money.

Horrible scam company …’put your money in a mutual fund and walk away from this garbage

Do not waste your time and money. Learn from the rest of us. You will not get your money back.

Initial $5000 investment was made to try out in 2024, still haven't received any dividends and they hold my money for no reason and customer support is not responding. In My experience Bitci Stack Asset investment platform is the best experience with payment without delays, diversyfund sucks.

Invested in 2020 and still cannot access my money. They will not respond to several emails I have sent. Do NOT give them any money. This is a total scam.

6 Years and Still No Access to My Money
I invested with DiversyFund over 6 years ago under the promise of a 5-year investment cycle. That window has passed, and I am still unable to withdraw any of my principal or earnings. Every time I check, there is a new excuse or a lack of transparency regarding when the REIT will actually liquidate. It feels like my money is being held hostage with no clear end date in sight. Do not invest here if you ever want to see your capital again."

Stay away from this company, I have invested with them and it’s impossible to get in touch with them. They do not give you any updates about your money. It’s been a total nightmare.

No ability to access my account, no response from customer service and no idea when I will see my money. On top of it the CEO is peddling getting more people to invest in new ventures. Unbelievable.

Initial $500 investment was made to try out in 2022 still not been paid any dividend and they hold my $500 for no reason and customer support is very bad so DO NOT INVEST this SCAM company.

The original commitment in 2020 was for a 3-5 year investment period. I tried to withdraw my investment (and the terrible 5.25% return for 5 years). No responses to repeated emails and support submissions. There is no phone number or email listed. Finally got a response that it will be the end of 2027. That is not in the agreement. This is class-action material. Others are getting rich on our investments. Furthermore, there are now beneficiary fields that they didn't tell you about that no doubt let them find a way to keep your money. They are disreputable (at least to the small investor). and should be avoided.

Invested in 2019. I’ve been asking to sell it back for two years, but they won’t respond or answer me at all. Now I can’t even log in to the app. They’re liars, thieves and should be in jail.

My wife and I invested back in 2020 and haven't seen a single cent returned. Every time a distribution deadline gets close, they just move the goalposts again blaming market conditions for why they can't sell.
It's really a good I took my #Goⅼd𝘣ⅼoom &Laboratories holdings seriously. They operate with no secrets policy and that has saved my sanity.

Like other investors, I got scammed by Diversyfund.

I've been emailing for years, and no one responded until I filed a complaint with the Better Business Bureau (BBB).

Diversyfund responded to BBB, which seems to be another marketing stunt. They blocked my phone login access in their apps. They also lied to BBB about sending periodic updates via email. The only emails I received from them were their marketing stunts with CEO Craig Cecilio.

I hope to find a way to file a lawsuit against this company to stop it from scamming investors.