Phraences's Posts
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See what low TB rates has caused now. This thread want to turn to something else. This Healthserve of a guy has suffered sha! Kai! ![]() ahiboilandgas: |
ojesymsym: ![]() |
aremso: Damn! This just made me laugh. |
emmanuelewumi:What could be better than this? Oh yes! Nothing. ![]() |
[quote author=rtdCivilservant post=88697161][/quote]Do you have connections in SEC or CBN? It is quite uncanny that you made this thread two months before SEC released the list of suspected ponzi schemes and included MBA's name. |
ojesymsym: emmanuelewumi:Very correct. Wealth preservation sef is not even that difficult. And financial freedom does not mean you have to be as rich as Dangote or Bill Gates. Those are the people sef that are under the most pressure. You don't have to be rich enough to buy private jet before you can be called financially independent. |
emmanuelewumi:Sigh! The best kind of life. Freedom from bulls**t. |
FxManager! If you were the most honest, smartest, kindest, purest, truest person in the whole world, it wouldn't matter cos your reputation on Nairaland forum (not just this MBA thread) has been tarnished. And the more you talk, you make it worse. Even people who feel MBA is ponzi scheme see you as a scam. A good name is better than silver and gold. In business, even more so. When some people want to make an investment, they come to nairaland to check other people's experience. Imagine them coming here to see people calling you a fraud. Anywhere your name is mentioned, it is 'see that scammer!' All these things stick in people's subconscious. You don't have to criticize MBA to sell yourself. Better to open a new thread and advertise what you have to offer. Oyibo talk say quit while you are ahead. This time it is quit while you are behind o! Just my two cents. |
Plus10:I am glad you invested early. I also wish i knew about MBA when they first started cos the interest rate is mouthwatering and there is nobody that doesn't want to prosper. Now that the eye of SEC is on them, the risk has doubled. However, the coronavirus situation is somehow in MBA's favour because i doubt SEC will make any major moves against them until the pandemic is over and everything settles. On the other hand, the stay of action caused by the pandemic can enable Maxwell to properly clean house and immediately lockdown is lifted, he might disappear (if it is ponzi). If MBA is truly trading forex, then i pray they succeed and become bigger than they are now. I pray that when SEC regulates the Industry, they are capable of meeting the requirements. I also want to say that Nigerians don't really care if a scheme is ponzi. All they are after is that 'let me make my money before they crash'. That is why some people are cursing others on this thread because in their heart they believe it is ponzi but they don't want bad energy and panic to make it crash before it's time. Because if people stop investing or start pulling out their money, that monthly alert they are receiving might not come again. Some people even knowingly invest in a ponzi scheme and pray to God for success when succeeding means you are running away with people's money. That is how much we including me love money so much. That is how somebody in my office wanted me to invest in LOOM which was obviously ponzi. I told him that he doesn't care about me because if you care about me you will not want to dupe me because that is what is it. For you to earn, you have to take my money and for me to earn i will have to take somebody's money. When the thing crashes, the last person who put money will be the unlucky fool. That is why people jubilate when they invest early in a 'ponzi' scheme. |
mtinfx:I agree with this. SEC is complicit and i have been suspecting them. Maxwell has come out in newspapers asking SEC to regulate the forex industry since 2018. He has done events and conferences since 2018 and SEC are aware all this time. SEC was listed as a regulator on their website. Someone in this thread mentioned they showed him SEC certificate in one of their offices. (abi it is CAC certificate they showed him and he is mistaking it for SEC?) All of a sudden they woke up and put MBA on a list. Why didn't you release a statement all this time? Maybe the Ogas in SEC are investing with MBA or MBA has been bribing SEC and they are no longer friends cos i don't know why since 2018, SEC is now recognizing MBA as unlawful. They even said "These activities are perpetrated by suspected promoters of Ponzi and other fraudulent schemes under the following identities" That wording is very strong and carries weight. If you noticed, SEC has not released a list of any suspected Ponzi/Agritech scheme. What they released was proposed crowd funding rules. Since 2018, why didn't they release proposed forex regulation rules? Why didn't they talk to SEC's of other countries where forex is regulated? See me see wahala. Is it that difficult to regulate forex Just copy from a country regulating forex and make adjustments according to your country's unique circumstance or hire world class consultants to advise you. Since 2018? Haba. Even before MBA came out in 2018, forex has been in Nigeria and SEC were sleeping. What a Govt! What a Country! |
I support you XtremeCre8tivity. Don't let people here bully you into silence. "Everybody is crying out for peace, no one is crying out for justice". Why should you go to their legal unit?. If they wanted to resolve the issue, the Mumuni lady would have called you for a meeting with her and other management members. They want to go the legal route because they have power there. The case would probably last for 50years or they bribe the judge and get away with it. Don't mind those telling you to sue. Legal route will make your pocket run dry unless you find a lawyer who can do it free. This is also a lessen to you. Trust no one especially the rich. Like David, they prefer to take the single sheep in the poor man's farm. Rich people are ruthless. That is why they remain rich. In her mind, Ani Mumuni feels she is wise. She has saved First Bank some expenses by cheating you. That is the mindset of big people. Trust no one. Next time let your lawyer be involved in all your dealings. May God fight for you. Amen. |
The debate on this thread is interesting. It brings back memories of Legal TV dramas i watched such as 'The Practice, Murder One, etc. When the prosecutor makes his case, you find yourself nodding in perfect agreement and then the defence counters and you are once again left in doubt. Truly, i love the drama here. ![]() |
Wolexyoshi:Lol! That is what some people where doing with MMM. Mr. Airsaylong is even sidestepping the issue. If they can pay multiple accounts totalling N98m 15% why can't they pay a single account of N98m 15%. And the marketers themselves don't even understand what they are selling. I realise they have removed from their FAQ page on their website the comment stating they are certified by CBN, EFCC & SEC etc. The statement about 5bn insurance with Sovereign Trust has also been removed. Anyway, i pray for MBA because i intend investing I'm July. God be with us all. |
Bulaveur:Good day Sir. I just noticed this post of yours. SEC Nigeria just released 12 unlawful operators and MBA Forex and Investment Limited was listed as number 8. However, the popular one is called MBA TRADES AND CAPITAL INVESTMENT LIMITED and the investors are confused. Is it the same MBA owned by Maxwell Odum that is being referred to by SEC or a copycat?. Since you work there, can you confirm?? Sorry everyone for bringing this to this thread. |



Just copy from a country regulating forex and make adjustments according to your country's unique circumstance or hire world class consultants to advise you. Since 2018? Haba. Even before MBA came out in 2018, forex has been in Nigeria and SEC were sleeping. What a Govt! What a Country!