mine too, I started following them when they only had a handful of properties.
great company but I don’t see how the retail investor wouldn’t be the sucker at the end… even though it might just bring 14% return over years, for the risk… 
Hi everyone !
Sorry to answer to a 4 years old topic but I had the same doubts as yourselves but I finally managed to get through it, invested and just received my first payment. I think my feedback can be usefull 
The investment I was interested about was the “Le bijou corporate bond at 7.125%”
Nevertheless I pragmatically researched this firm wich is business authorised in switzerland (zefix and shab.ch)
All their placements options are firms on themselves not particularly related to moonshot (le bijou and amea are firms of their own that are also business authorized in switzerland).
You can also look their CEOs and teams on socials medias and news and most of them look competent enough to run such a business.
I then decided to get in touch with them and they were very professional answered all my questions and agreed to make me visit one of their appartements (you can also find them on airbnb or their website) st jacob strasse Zurich 2mins walking from Zurich HB (main train station)
I also asked from financial reports wich they transmitted to me where I could see they overperformed during covid in comparison to hostellery market. They then told me it was all thank to a flexible management that reacted quickly to rent the flats as conference rooms and managed to get the autorisations.
Finally, 3 months ago I buyed one bond out of curiosity to see how it goes, they give you the first payment 3 months later and I just received it. It is 7.125% yearly divided by 12 minus 35% anticipated tax (that you can get back filling a simple form).
So in theory I should got (for one bond worht 25k chf) : 148 chf - 35% tax = 96chf monthly.
For whatever reason I received 198 chf (maybe they are paying the 3 month “waiting time” with the first payments idk …)
So it is definitely legit.
And if payments keep steadily comming monthly I may buy a fuy more of theses bonds or try another deal with moonshot.
Still, it is risky since a corporate bond does not give you a much better protection than being a share holder. You just come first in the order of payback but if the company goes bankrupt your capital is at risk.
However, their strategy significantly lowers the risk. Each “antena” of lebijou as its own financials so the poor performances of some appartements will not impact the others and vice versa.
Feel free to message me for more info. I do not work for them this is my feedback as a customer.
Can you, really? This is interest payment that should be taxed as dividends - or please someone correct me if I’m wrong…
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So?
Whether it‘s interest or dividends (not the same in general, though may be irrelevant in this particular case), if 35% Swiss withholding tax is withheld are withheld at source, you can (as a Swiss tax resident) easily get that back filing your tax return?
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Well yes absolutely.
It’s called the “witholding income tax” is an anticipated tax. It’s at 35% purposely to incite people to report their income, if they don’t well the tax is witheld at 35% which is much higher than swiss income taxes … I thing it’s 20% in Neuchâtel at worst …
It’s witheld at source and financial service providers must comply else …
For more info you can follow this link https://www.ch.ch/fr/impots-et-finances/types-d-impots/impot-anticipe/#comment-obtenir-le-remboursement-de-limpot-anticipe- >(french but language switch is at top right 
)
OK thx - somehow I was under the impression that only half of it can be reclaimed… 
Amea had a 9.125% bond the other day, that was exceptional, but alas, the 100k minimum slot is a bit too harsh for some of us.
Well … half of it it is …
Because you reclaim all the anticipated tax but then you have to pay your regular taxes … so it’s around half of it if you are a Romand
Yup 9.125% is nice but also the amea project is riskier as the lebijou one. If I was to invest in amea I’d rather take the stocks instead of the bonds considering the risk.
Lebijou is running and making monney and amea is not built yet …
Hi, is anyone having any news or further experiences? I was thinking about investing in Amea (in the product which they call Leisure Investor). Is anyone having some experience with this?
If I understood it well, the LeBijou Bond is not backed up by the real estate itself, as the company actually does not own the properties, but it is rather “buy in” into the brand and the bond becomes worthless if the company fails. However, they present Amea, such as they are actually building it themselves. I will of course go into the meeting with them and ask all the details, but I was just curious if the model is a bit different in this case (real property ownership) or if it is the same as LeBijou.
Thanks for reactions in advance!
Just an fyi and update: FINMA has appointed an investigator to run the company. All of the present board members have had executive powers blocked. You can find this info on zefix.ch for HFWM AG. So I would say that Moonshot is likely to unwind or come out severely limited.
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Correct. Let’s not panic tough. Investigators are often appointed by the FINMA to institutional banks too but due to their status it’s not often seen on Zefix. Since HFMW AG is smaller it appears on Zefix. This does not mean their business was problematic or illegal just that it is under investigation.
Concerning Lebijou I do not think this is a problem since the company is still active and running (not paying the monthly payment anymore after decision of the investigator) but Lebijou is still healthy.
Regarding the tracker certificates these are much more problematic as I doubt HFWM AG had the autorisation to trade such products. This will probably (maybe not idk) be suspended by FINMA and existing reimbursement paid back if money is available… only if.
Let’s watch carefully and learn
How would the tracker certificates be appropriated to the owners?
If the certificates themselves are OK, the investment is there and it should run even without Moonshot, shouldn’t it?
Asking for a friend
What do you mean by that ?
That’s exactly what I was referring to. Trackers certificate are not a contract between you and the firm it “tracks” it is a contract between you and the “issuer” of the certificate. If you bought it on moonshot then the issue is Moonshot (HFMW AG).
Now moonshot as a deal with the emetor of the underlying asset (I think MISP AG for some deals if not all). Basically it buys X shares that are the “underlying asset” for the tracker certificates it sells to you.
If Moonshot goes bust you do not have any contract with MISP AG so you loose your money.
Juridically speaking you only lent your money to Moonshot.
Now MISP AG if you see the names on Zefix is also under FINMA investigation and there is “Fabian Coray” in the names wich is also someone from moonshot in the list of the holders.
That rings a “sketchy montage” bell to me since HFMG AG is protected from their investors but the certificates and underlying belong essentially to the same group of people.
Some issuers (I think this is the case for HFWM AG) also have a right to anticipate the reimbursement of this mentionned loan at any rate. If the underlying asset lost value so will the certificate and you will loose value.
Considering that the FINMA procedure will make them loose money it is probable that they will try to sell the assets at any price and payback what they can to keep running.
More on trackers certifcates : Tracker Certificate Explained - moneyland.ch
Since FINMA also enforced a procedure on Lebijou now and blocked their activities (even hostellery) these people will loose money, will it be impactfull ? Only future will tell.
You also may want to consider : Life in Deadly Fear of FINMA – Inside Paradeplatz
Well, my tracker cert says the issuer is MISP AG.
Does that change anything?
It is really not about who the issuer is but really about what a Tracker certificate is.
In the case of MISP AG they are the same dudes as HFMW AG so pratically it does not change anything.
In a “tracker certificate” you always have a contract between the issuer and you. You do not (never) own the underlying asset. The issuer does.
If the issuer (Moonshot, Misp or whoever) goes bankrupt, you loose up to 100% of your investment depending on your priorities for bankruptcy.
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but they do (own the assets), hence in a liquidation the FINMA could appropriate the existing owners in the process.
Unless of course it is a complete scam and they never purchased anything.
Unless of course they are force-selling their assets at 50 cents to the dollar or less.
And unless they have not planned such an event with a full coverage of liabilities, eventually making the company just an empty shell.
I’m afraid the latter might actually be the case here. 
We shall see.
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For me it sounds like a complete scam as they bought with investors money properties. The certificates they bought have no assets anyways underlying as they are certificates and the counterpart is Moonshot or one of the underlying entities that will be defaulted soon
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Did you actually speak with them back then?
It’s worse than that, Le Bijou is apparently working on a long-term lease (10+ yrs) for the properties. They own only the furniture in the apartments.
The bonds might have been a ponzi scheme only.
The question is the order of liquidation among all these companies. Are the owners in police arrest by now at least? Or are they already happily sipping cocktails in the Bahamas already?
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