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Michael LaBrie

3 years ago

Stay far away from Raj Dhonota, Igniva Digital, Ig...

Stay far away from Raj Dhonota, Igniva Digital, Igniva Infotech, Raj Dhonota Limited, Preseed Investments Limited, Street73, STV Limited and anything else Raj Dhonota is associated with.

Raj reached out to me with the promise of investment into my business idea back in early February of 2018. He asked for a coinvestment from me and was supposed to be investing roughly $100k USD of his own money. The project was supposed to be built within 3-6 months but only a few design screens were ever built. Raj would come up with excuse after excuse on why things were being delayed but after talking to his employees it was because he never pays his employees so they quit. They also informed me Raj does not actually invest any money in the projects he "invests". when I confronted Raj about this and wanted proof of investment he told me to sue him.

It has now been over two years and Raj continues to deny the return of my money despite never investing his own money or building the project. he agrees to return my money and has even signed paper stating so but then just doesn't.

As it turns out this is common for Raj as he has done it to every person he "invested" in which I have talked to which so far is 40+ people.

Stay away from Raj as you will not get anything he promised you and you will lose all your investment.

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