No, Tiger Agriculture is not legit, and joining it would be a fool’s errand

Following the collapse of another scam, Trouva, there has been a disturbing trend on social media networks where Tiger Agriculture is being touted as an alternative investment.

The collapse of the Trouva scam (trouva-o2o.com) has been devastating for unwitting investors, who are still reeling from the shock of losing their investments.

Vulnerable and confused, many are left in a precarious position. It is within this confusion that opportunistic scammers, like tow trucks at the scene of an accident, swoop in.

These scammers either present themselves as a solution or, more insidiously, offer their own fraudulent schemes as “better” investments—or, even worse, pose as scam recovery experts.

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This last tactic is particularly dangerous because it exploits victims a second time, adding insult to injury while promising to help them reclaim their lost funds.

Just like the unsuspecting accident survivor who later receives a bill from the tow truck company, victims of these scams are left nursing their financial wounds, often facing potential ruin as ambulance chasers prey on them during their most vulnerable moments.

A similar situation is playing out across social media in the wake of the Trouva scam, which collapsed on Thursday, 3 October 2024, as we reported earlier. Now, many are promoting new scams as supposedly superior alternatives to the failed Trouva scheme.

The list of these suggested alternatives is simply a variation of the same Trouva scam. Among these are Annoushka (annoushka-b2c.com) and CM Gold (cm-gold.com), which are likely operated by the same perpetrators behind Trouva, or at the very least, are inspired by them.

The similarities in website design, functionality, and the fact that the domains were created around the same time—Annoushka-b2c.com on 27 June 2024 and CM-gold.com on 2 September 2024—strongly suggest a connection.

Other scams currently being promoted on social media include GMS Farming World (gms-farmingworld.online), Demwise (demwse.com), and EVgo (evfchargers.com).

A quick investigation by Political Analysis South Africa reveals that all these entities are scams. None of them are registered with the Financial Sector Conduct Authority (FSCA), nor are they registered Financial Services Providers (FSPs), and they hold no trademarks in South Africa.

These are fly-by-night operations with hastily registered domains, promoted aggressively on social media for the sole purpose of scamming South Africans.

One particular scam that has gained popularity in the aftermath of the Trouva collapse is Tiger Agriculture (tigeragriculture.world and tigeragriculture.com), which we have previously covered.

Given that many are now touting it as an alternative “investment,” it’s worth debunking it in detail once more, to warn those who remain undeterred by our prior investigation.

To be thorough, we present our findings on Tiger Agriculture in the table below, which clearly shows that it does not meet the basic legitimacy test:

While this table covers more than just compliance and physical presence, it forms part of a broader reasonableness test that anyone should apply before parting with their hard-earned money.

On all fronts, Tiger Agriculture fails miserably. It is nothing more than a scam, and judging by trends in South African scams, it is likely to collapse within six months.

As we noted in our previous article on Tiger Agriculture, the scam’s longevity seems to be on its last legs.

It first peaked in May 2024, then again in August 2024, and has been trending since mid-September, reaching an all-time high, according to Google Trends. With increasing media exposure, its collapse is inevitable.

Also read:

• Another One Bites the Dust: Tiger Agriculture Collapses Two Weeks After FSCA Notice

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