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Nairaland Forum / Nairaland / General / Investment / MBA Forex Unable To Pay Investors In December (68207 Views)
Why Are Nigerians Still Investing In MBA Forex, BARA And Others? / MBA Forex (please I Need Better Explanation) / MBA Forex Changes Maturity (2) (3) (4)
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Re: MBA Forex Unable To Pay Investors In December by boyjo: 1:09pm On Dec 24, 2020 |
Feggie3:But why Arab? I hear say them dey do people shege. Make I mention you for one thread wey I dey follow. Try read all the comment. |
Re: MBA Forex Unable To Pay Investors In December by emmanuelewumi(m): 1:12pm On Dec 24, 2020 |
sammhi: They should come out clean by opening their books. From the financial account of the banks you will know the amount made from forex, fees, ATM, loans, advisory services etc. What was the content of the MOU of MBA? Did they tell investors that they will be involved in forex, investments, real estate and others. Are they registered by SEC to receive money from the public as a fund manager? Who is the custodian of the funds? Who are the Trustees to the investment? How often does MBA share their fact sheets with investors and the public? How often does MBA send reports of the fund performance to SEC? 5 Likes |
Re: MBA Forex Unable To Pay Investors In December by Fibonacci88: 1:12pm On Dec 24, 2020 |
The crash of MBA will teach a lot of person lessons the bitter way. A close pal has 2m trapped in the scheme. He was always taunting me when he gets monthly ROI and telling me am wasting energy trading myself for small profit. He is the same person now disturbing me to come teach him how to trade. I never get him time but he must pay me equivalent of two months ROI before I go even agree to give am videos or follow am talk about training. Nonsense. 5 Likes |
Re: MBA Forex Unable To Pay Investors In December by Phrankin(m): 1:15pm On Dec 24, 2020 |
SmartPolician:you're oversimplifying the matter. It should be "greedy and smart people are the world's richest people" greedy and dumb people become prey to the greedy and smart people. 4 Likes |
Re: MBA Forex Unable To Pay Investors In December by Phrankin(m): 1:19pm On Dec 24, 2020 |
SOFTENGR: 1 Like 1 Share |
Re: MBA Forex Unable To Pay Investors In December by Bbbwings: 1:26pm On Dec 24, 2020 |
Re: MBA Forex Unable To Pay Investors In December by general111(m): 1:26pm On Dec 24, 2020 |
CsRockefeller:God bless you sir |
Re: MBA Forex Unable To Pay Investors In December by OgogoroFreak(m): 1:28pm On Dec 24, 2020 |
general111:Where does the forex trading companies save all the money? 7 Likes |
Re: MBA Forex Unable To Pay Investors In December by Truth234(m): 1:30pm On Dec 24, 2020 |
MyGeneration: You are researching the foreign exchange market in the world's financial hub and the largest retail forex trading nation, the United Kingdom, and believed the bolded? How much is MBA daily turnover? Bigger than Dangote Cement, Nigeria's most capitalised company? MTN Nigeria, the second most capitalised company that CBN will restrict its payment? So MBA meagre revenue is what will collapse Nigeria's most capitalised sector? Has MBAforex done over N500 billion turnover like Zenith Bank in three months? That is just one bank. MBAforex is going the way of other Ponzi schemes. No business sustained 30 per cent monthly ROI. Even Dangote with all his successes didn't do that in the last two years. 4 Likes 2 Shares |
Re: MBA Forex Unable To Pay Investors In December by Feggie3: 1:31pm On Dec 24, 2020 |
boyjo:Yea seen the thread.... Well I plan raising some money there and move over to Canada or UK and seek for permanent citizenship. Saudi Arabia pay us in a highly lucrative manner with largesse bonuses. At least as testified by my colleagues over there and they provide us with an enabling working environment... Financial expectations from fam and friends is quite overwhelming. Man gats push out... Am a Junior Medical Dr. Just finished my internship... Thanks for that mention though I really appreciate.... Still gonna study the thread.. 1 Like |
Re: MBA Forex Unable To Pay Investors In December by sircrabo: 1:35pm On Dec 24, 2020 |
Forex is not Scam,has never been scam and will never be Scam. People have abused the word ' Forex'.Most Ponzi schemes and HYIP hide under the Guise of Forex to defraud people but that doesn't mean Forex itself is scam. Majority of Nigerians are ingrates. What is bad that a company said they won't be able to pay for a short period? All those people trooping to their office to cause panic, let them comeout and tell us how long they've been with MBA and whether or not they've not been getting their ROI's before now. Nigerians too get bad belle. Anything we don't understand how it works, we begin to bad mouth it. MBA business model is still intact and the Forex market is still open for the professionals to make money and the unprofessional to loose. What leads to collapse of investment companies like MBA is "PANIC". B the time investors start puling out their fund out of panic, there will be little or no Capital for the company to trade with and that's what will lead to its collapse. Not that Forex has collapsed. How many times have you visited a banks ATM and there was no money in all their machines or network was Bad ? Did it translate to the Banks collapse. Na we dey take our hand spoil beter thing. I don't work with MBA nor have investment with them but let's learn to be a bit patient. I trade Forex successfully and contemplated trading for people at a time but had to drop the idea because of people's bad mouth. When they'll be reaping the dividends, you won't hear FEM, but just give a little excuse and watch unnecessary Panic and insult, MBA suffered what we call " Draw Back " and they need a lil more time to recover. They probably invested a lot in dollar and watched it crash after us election and the 2nd wave of covid-19 in America. If you invested in MBA, relax and be hopeful that by January you will get ur money. I hope you will also come online to share ur testimony when you get paid ? 5 Likes 1 Share |
Re: MBA Forex Unable To Pay Investors In December by boyjo: 1:38pm On Dec 24, 2020 |
Feggie3: Ah! You be Dr. Ride on. |
Re: MBA Forex Unable To Pay Investors In December by RealEzee(m): 1:44pm On Dec 24, 2020 |
deflover:na small small e dey start na, I'm pretty sure mba guys also started d same with you been solo before peeps got confidence to let them handle trades for them, e b tins bro, before these peeps for here go talk say forex and crypto na fraud |
Re: MBA Forex Unable To Pay Investors In December by BlackfireX: 1:45pm On Dec 24, 2020 |
omojesu202: The way he will be turning in his bed at night, and how jumpy he will be when whenever his phone ring... Bottom line.... They are all duped Entering the new year with HBP |
Re: MBA Forex Unable To Pay Investors In December by emmanuelewumi(m): 1:46pm On Dec 24, 2020 |
MyGeneration: Making 180% per annum. Instead of getting money from the public, don't you think Maxwell should have gotten a loan from the bank at between 25% to 30% per annum and he will keep 150% to himself rather than sharing the returns with his investors 7 Likes |
Re: MBA Forex Unable To Pay Investors In December by Donfx(m): 1:47pm On Dec 24, 2020 |
lagonovo:I am surprise that many are hear displaying their ignorance. Forex does not have any relationship with ponzi. But some one can use forex name to organize ponzi.Ask G guys. 3 Likes |
Re: MBA Forex Unable To Pay Investors In December by Mac2016(m): 1:50pm On Dec 24, 2020 |
BlackfireX:Their ears are plugged with their own greed 1 Like |
Re: MBA Forex Unable To Pay Investors In December by RealEzee(m): 1:54pm On Dec 24, 2020 |
Theoutsider:my goodness no jonz, u r given 30% on ur ROI, that's doesn't mean they are keeping 70% man, they can as well make tons from ur investment but d deal is u r given 30% ROI on ur own investment, they already highlighted what they do with your money to trade, las las your own is do wetin ur heart n mind fit carry,banks say they do business with ur eg forex yet they can do anything that seem to bring in profits for them and give u an agreed sum of returns on ur own money kept with them gbam , simple business kwa I wonder were the talk of they keep 70% came from? |
Re: MBA Forex Unable To Pay Investors In December by Truth234(m): 1:55pm On Dec 24, 2020 |
MyGeneration: If you believe any business in a third world country, presently in a recession, can do a 180 percent ROI per year. Then I don't know what to say. |
Re: MBA Forex Unable To Pay Investors In December by emmanuelewumi(m): 1:55pm On Dec 24, 2020 |
MyGeneration: The question is this, does it make business sense to trade using investors fund at a cost of 180% per annum, when you can easily use bank funds at between 25% and 30% per annum? 4 Likes |
Re: MBA Forex Unable To Pay Investors In December by Tango123: 1:55pm On Dec 24, 2020 |
MyGeneration: Ask that friend of urs whether he makes 15 percent solid returns guaranteed. If he does, i bet u he is a scammer or yahoo guy disguising as forex trader for acceptability in society. Dont get me wrong. There are legitimate forex traders. Sometimes they make profit. Sometimes they make losses. But that friend of urs cannot take money off u, and promise u 15 percent guaranteed returns. Even that amout of returns should make people think twice. Profit on forex is in fractions. U buy dollar at say 400, u sell 403 or 404. How many percent is that. Is that not 1 percent? For u to make 15 percent profit in forex, something drastic must happen in forex market, like government devaluation, like serious jump in oil prices, like war, like Brexit, like coronavirus. Those things dont happen everyday. And because those things happen rarely, the normal returns on forex is about 1percent or 2 percent. If u trade in volume, that 4 naira profit per dollar in my example above could become 4 million naira (if u traded 1 million dollars), not because the percent is higher, but because of volume. The percent remains 1 percent. Dont forget that there are losses on some days too Tell me how someone can then promise u 15 percent, and u believe it. MBA was and remains scam 6 Likes |
Re: MBA Forex Unable To Pay Investors In December by ChibeKs(m): 1:57pm On Dec 24, 2020 |
sircrabo: Well said bro. Na bad belle full this thread |
Re: MBA Forex Unable To Pay Investors In December by emmanuelewumi(m): 1:58pm On Dec 24, 2020 |
Truth234: You dey mind the guy, paid agents to launder the image of Ponzi operators I wonder why Nairaland didn't bring all these Ponzi threads the the front page, so that informed people will advise people about the dangers of Ponzis and other High Yield Investment Schemes 4 Likes |
Re: MBA Forex Unable To Pay Investors In December by Tango123: 2:00pm On Dec 24, 2020 |
ChibeKs: If u invested it mba, lick ur wounds and move on. Ur money is gone for good |
Re: MBA Forex Unable To Pay Investors In December by Nobody: 2:02pm On Dec 24, 2020 |
SavageResponse:Yh, with Patricia |
Re: MBA Forex Unable To Pay Investors In December by Tango123: 2:03pm On Dec 24, 2020 |
Truth234: Don't mind d guy. 15percent per month ooo. Meaning 180 percent in a year. In forex, that the most u make is fractions of a percent . People and greed. Anyone with money in mba, ur money is gone. Move on. It was a pyramid scheme. No legitimate forex company can promise u guaranteed 15 percent interest in a month. 3 Likes |
Re: MBA Forex Unable To Pay Investors In December by Nobody: 2:06pm On Dec 24, 2020 |
THE BEGINNING OF THE END 1 Like |
Re: MBA Forex Unable To Pay Investors In December by ChibeKs(m): 2:07pm On Dec 24, 2020 |
Tango123:Though i didn't invest my money there. But that's not enough reason not to be patient as an investor or you start bad mouthing a business that have been paying its investors for more than 2 years. Besides some here still testify that they received their ROI for the month. So give the company time, they only said they are on break for Xmas 2 Likes |
Re: MBA Forex Unable To Pay Investors In December by deflover(m): 2:09pm On Dec 24, 2020 |
RealEzee: WELL U HAVE A POIUNT BUT ME DEY CASH OUT NOW MY BEST IS STILL 2017 WEY I CASH OUT $24K NOW NA STEADY 1KEUROS I DEY COLLECT WEEKLY MONEY DON FINISH THIS WEEK LEKKI DEY CHOP MONEY OH BUT I DEY BRACE UP FOR NEXT YEAR WEN I GO DEY PICK 10K EUROS A MONTH OR MORE MAKE DEM DEY SEE FRAUD WE GO DEY CASH OUT FX NA SURE MAGA AND I DON LOCK AM SEE FIRST ALERT
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