₦airaland Forum

idiopathic:
I have been following this thread on MBA which pays a mind blowing 15% on a monthly. Lots of investors on Naira land swear by their authenticity and even become demeaning when anyone tries to encourage caution.

My concern IS 180% annual returns possible from forex on a consistent basis. The winners in a Ponzi scheme are usually early investors. So I concede, those lucky to have started early will probably reap huge rewards. It’s fine if you want to take that chance.

If MBA are really that profitable, why will they continue to need public funds? They should now have enough money to invest only with their own funds. Why give away 180%, which would have gone to their profits. I know big hedge funds have people queuing up and often wait years to invest. A lot (Renaissance) actually stop receiving external funds once they have adequate trading capital. The most successful trader/investors struggle to make 25% on a consistent basis but MBA is claiming to make over 200% per annum. Pls think.

I know I will receive abuse and demeaning comments, but please investigate carefully before
big financial commitments.

The dog always ignore the sound of the horn at the point of death!

Leave them greedy folks brother. , they have been paid to attack anyone who dare say the truth that will awake the sense of the foolish investor

Another MMM under the disguise of forex

50nizzy:
I Just noticed that Idiot FxManager viewing this Thread.

Well, he has been dealt with before, and if he tries to mount a come back, no problem, bring it on.

Fire dey wait for you here.

With this plan investors are guaranteed[i][/i] a monthly ROI for 12 Months..... anyone offering guarantee on an investment that is full of speculative uncertainty is nothing but a scam running ponzi, MBA is able to survive this long because of the various percentage it offers accross the board, mark this date when there is massive panic the big boys will stop rolling over and demand their capital, then you guys who are the small investors will be roasted alive begging for mercy.......... a dog heading to his early grave always ignore the sound of the horn.....


Sadly, investors are often slow to admit that they’ve fallen victim to a Ponzi scheme. Besides the understandable anguish of being perceived as both foolish and greedy, many fear that public exposure will create a crisis of confidence that could create a run on the promoter and make matters worse. Clinging to even the smallest fragment of hope, investors have been known to go to enormous lengths to protect the promoter in the hopes that they can recover some money.

When it comes to investing, it is advisable to exercise great caution and look out for any of the following warning signs:

1. Abnormally high investment returns

The most obvious sign of any investment skulduggery is the promise of an abnormally high investment return. While Ponzi schemes may take a variety of forms, they all follow the same intrinsic theme: investors are promised they will make a much higher return than can be achieved through any conventional investment opportunity. When analysing investment opportunities, remember the adage: if it’s too good to be true, it probably is.

2. Guaranteed returns

The words ‘guaranteed returns’ are designed to trigger both deep-seated investor greed and the willing belief that this is a ‘sure-fire thing’. However, when it comes to investing, no return is ever guaranteed and even the most modest investment carries some risk. Greed is your greatest enemy when investing. Be highly suspicious of anyone who offers you a guaranteed return on your investment.

3. Consistently high performance

By their very nature, the investment markets rise and fall over time, and your returns in any reputable investment will reflect these market fluctuations. Be sceptical of any investment that promises consistently positive returns regardless of overall market conditions.

4. Vague business model

If you don’t understand the business model after a five-minute explanation, stay away. The investment’s business model should be easy to understand and, as an investor, one should be clear where and how returns are generated. Fraudsters are notorious for using complicated verbal constructs such as ‘hedge future trading’, ‘high yield investment’ and ‘offshore investment program’ to intimidate would-be investors. These are smoke-and-mirror tactics used to confuse and bully investors. As Warren Buffett is famous for saying: “Never invest in a business you can’t understand.”

5. The need for more investors

The survival of any Ponzi scheme is dependent on its ability to continually attract new investors. Without an ongoing stream of new investors, the fraudster is unable to pay the previous investors, and the whole scheme will unravel. If you are pressured into finding new investors or offered rewards for introducing new investors, alarm bells should be reverberating.

6. Pressure to reinvest

Ponzi schemes will collapse without regular income or if too many investors withdraw their funds. To remain afloat, the promoter will offer investors higher returns if they don’t cash out or if they reinvest their money. While on paper investors believe their investments are gaining incomparable ground, the truth is that most Ponzi schemes don’t make any investments on behalf of their investors at all. If you’re pressured or rewarded for reinvesting, be alarmed.

7. The pressure to act now

Ponzi fraudsters are also notorious for creating a false sense of urgency by leading the investor to believe the deal is only valid for a limited time. The investment opportunity is often shrouded in secrecy, and the investor is pressured to ‘act now’ while the ‘once-in-a-lifetime’ window of opportunity stands obscurely and suspiciously ajar. The pressure to invest within a certain period is foreign to sound investing principles and should be considered a red flag.

8. Credibility through association

A Ponzi scheme promoter generally creates an air of exclusivity by luring would-be investors into his inner circle of family and friends. By proximity to those who are close to the fraudster, the investor’s fears are allayed – after all, foxes never prey near their dens and thieves don’t rob from their own homes. This is a powerful psychological tactic used by fraudsters to build credibility through association with reputable people who are known to them. Remember, Bernie Madoff managed to deceive those nearest and dearest to him, including his sons.

captainking:
Mumu analysis... Do you want me to show you my own alert?? If I had this your silly mentality.. I would not have invested 19months ago when I joined MBA...
Smh..

Leave the greedy folks, thinking mba is trading forex pure ponzi

50nizzy:
You are the noise maker and trouble maker here. Not me.

I have enough money to feed you and your family till you all will die. My pocket nor go shake.

Stop displaying your stupidity here and allow Risk takers to invest and make money.

MUMU.

OK, best of luck, my ROI don show!!!! so let enjoy.

50nizzy:
Go and Analyse the Poverty and Misfortune that runs in your family because your forefathers offended the gods.

strategize and plan on how you can rescue your children from the scourge of the gods.

Poverty should never speak when wealth is talking.

Millionaires are talking here, so shut up your septic tank mouth and get out of here. IDIOT.

empty bottle makes the most noise!

ogwuche4u:
If the company doesn't look responsible why try investing with them? Please look for a responsible company and invest your money. People like you will spread false rumor that MBA is crashing. If you must know, all through the covid period, they maintained integrity. What else do you want? Please be guided.

Business with solid foundation don’t fear crash, is normal to have. Losses , the average Nigeria don’t want to hear that, greed!!!

careytommy37:
Are you saying MBA trades in other currencies?
I didn't know this. However, my analysis was based on the present volatility and the last crash from 15 years ago.
If MBA is trading in other currencies as you say, then this is the best investment to get into right now as it signifies a very long term profitability.

Infact, those who want to make money should start learning/mentoring in MBA now.

I heard from someone that 2 major MBA protégés have even their own companies?

We are not talking about bureau de change transactions here, forex trades is beyond exchanging naira for dollar, we are talking about. OTC trades

narit:
George soros did not short the pounds sterling, he short the Bank of England. There is a difference between trading stocks and trading currency. If you want to disprove MBA, at least get your fact straight.

"The quality of your choice, determines the quality of your life"- Ray Dalio

at least it wont hurt to use the google to verify fact

On 8 October 1990, Thatcher entered the pound into the ERM mechanism at DM 2.95 to the pound. ... In the months leading up to Black Wednesday, George Soros had been building a huge short position in pounds sterling that would become immensely profitable if the pound fell below the lower band of the ERM.

Black Wednesday - Wikipedia

Analyzing the current new plan restructure:

6months maturity to 12 months: this is to discourage capital flight so as to maintain enough liquidity to balance monthly fixed so called ROI
Now the other one 3 months Super saver: to discourage profit take out, so the company can stay afloat; These are signs......... Nigerians be wise

what happens to leaving it the normal way of 6months, why extend it ? they simply pay you with new money when there is losses hoping to recover it back and this margin keeps widening depleting trading reserve if at all they truly trade.

Haters pls commence your insults,

ogwuche4u:
This bastard has resurfaced again. Fxjones=fxmanager... A bittered disgruntled human being. Seeing massive investments into MBA is making him so unhappy. Why do you always tow the path of wickedness? I told you before and am repeating it again..... I can smell you from a thousand miles. You are evil and wicked.
Can you update us with the recent trading history of john Soros here?

Imagine if you had invested all this while you were praying for doom, you would have made 90% of your investment and get your capital back.
You can still benefit from this investment cos it seems Forex is dealing with you.

I love to read insult, common more, is that all you got?

AlmondRPG47:
☺ ☺ ☺

Are you a businessman? In one single transaction of buying raw products, processing and selling, one makes over 30% profit (I've tested it)! But businessmen still don't earn as much as forex traders...I bet you don't know that, ododoyo!

Now, go to Google and search the richest forex trader...come and tell me the net worth of the individual! And, while you're at that, learn about what forex is!

I pray what happened in 2005 does not repeat itself, this is just a rebrand of the past. only an ignorant investors, invest without verifiable facts, if you like defend MBA with your blood, insult any one who shares his view, is your money not mine. A true trading company will publish its performance to the public view of their investors, ask Warren buffet, ask George Soros who made 1billion pounds shorting the Pounds sterling, ask Ray Dalio, biggest hedge fund owner managing billions of money, why is Nigeria own different........Na we know pass!!!! oyibo we invent the market na!

No fund generates such returns as MBA, even the best hedge fund oversea, is only a matter of time we shall know who is fooling who!, I am not advising anyone not to invest or invest, some funds wanted to invest over N1b in MBA forex, but requested for their last six month trading history, till today no history has been sent, they have to cancel the investment. best of luck guys. that you are getting you ROI does not mean they are truly making money trading.

Location pls? I base in ph I have trucks for your need

CorporateJay:
Hello... I'm Olusegun and I'm a lawyer.. How do I help you... You can text me on.. Zero-eight-one-six-six-zero-five-six-three.. WhatsApp

, your number not complete, pls do you help client register intellectual patent?

Pls any patent lawyer in the house. kindly reply me I have some patent job for you
thanks

When an acclaimed investment firm deviate from previous standard payment agreement, one thing is sure, the funds is gradually folding up and is executing a trust strategy, by waiting a few working days to gather fresh investment from new or toping up investors to repay the over due payment, be wise MBA forex may actually be a trading firm, when losses sets in it results to using new money to pay old in other to try to revive the firm, they may mean well, but their approach is unsustainable and unrealistic, Nigerians won’t invest with them if they don’t promise the unrealistic, Blackman is greedy.

Braze9:
I rarely reply to this type of request but let me give you just tips and allow you to research.

Market volatility
creates trading opportunity

MBA investors fund are covered by insurance.

Bye

Investment is a function of risk to reward, anyone who is not willing to accept the risk should never part with his or her money, I have been working with an investment firm for years and I can tell you with a capital NO! No INSURANCE will ever agree to cover speculative investment risk of which forex, stocks, futures and derivatives fall under, If MBA forex says your funds are covered by insurance that is a capital lie and high investment ignorance on the investors part. Running an investment under a promise of a fixed ROI be it 5 to 15% is unsustainable and it always turns out to be a ponzi scheme, in the markets past performance is never a guarantee of future profit. even the best performing hedge fund in wall street with billions of investors fund cant boast of returning 50% per annum.

So If I am to advise anyone who is seeking alternative speculative investment, if you must invest know your risk limit, if there is going to be drawdown what is the worst impact of my capital am i willing to lose 10% or 15% of my money if the investment goes bad, can the company guarantee 80 to 90% of my capital should things go bad, while it is possible to make money in the long term 30 to 40% return per annum is sustainable anything outside these figures is pure gambling, and GAMBLERS always lose

I am not saying MBA is a scam, but from the ethics of investment is only a matter of time the truth will surface, a drivers who runs at a speed he cannot control will certainly crash.

for those complaining, Uber was never met to be a full time job, if you have done uber as fulltime and you cannot set up an alternative investment for yourself to compliment your Uber returns, then get ready to be a slave for life. if you have other side huzzle you will never feel the price, plan save and invest

I have carefully follow this thread, all I could say, the only reasonable person I have seen is jesusson2020, who is positive about his new found job, what baffles me most is this, all those complaining about ehailing, if its not paying why not simply quit instead of complaining here. Nigerians na wa for us

pls friends between matrix and corrola which has better fuel economy and ruggedity for this our business? I want to but one

Good

Driver wanted

Hola123:
good afternoon my uber and Taxify (bolt) people, I got taxify activated today so I decided to go online, I got my first request and I drove to pick up location, on getting there the rider called me and I told her am outside, she said I should pack that she is coming, on trying to pack one guy came banging my door then told me you don't pack here, open my door and entered forced my to drive to there office gave me a fine of 20k then I beg them to take 10k then I paid. I called the rider to notify her then she just ended the trip.

Please I want to ask is there a way to get back my money,

welcome to the job, what a first day experience

GAZZUZZ:
cc deedee44

If you have a good car on Uber or taxify and willing to take 15k a day for movement within Lagos call 08100441140 for arrangements, driver must reside Around iju ogba, or Ikeja axis and car should be neat with good ac

pls I have seen someone already, thanks

if you have a sound car, toyota camry muscle with good interior and working AC, and live around iju, or environ, I have a job for you, someone is coming from abroad and will need your service for one month, call me on 08100441140 for arrangment

somtokyo:
Please I need a response driver for Uber/Taxify services..Kindly call me if interested..08036905700

I am interested please what car is it?

good day friends

not available

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