₦airaland Forum

lagosrd:
Its business gone bad. The guy might have had issues but if you jail him , you can never get your money back. Unless you give him time to trade and make the money back.

helinues:


If you want to trade and make profit, trade against $ till their election in Nov

Geovanni412:
I respect your view but libgen has a lot of resources. If someone has God's grace, time (2yrs) and patience, one can learn a lot about the Forex market. The person might or might not still need paid courses depending on their level of intelligence and grace.

Ogademo1:
DEMO ACCOUNT

HISWAYS:
Forex is a risk...but we have experts that uses artificial intelligence to trade and make profit but also make some loss...although the profit is always higher.
300% for 13months cumulatively is possible with these experts..
I am really enjoying them.

danilho:
There are legit businesses that can give more than 35% monthly ROI

You need a have sound knowledge of the business and understand the scope of the business

100k grow to 177k in ten days, that is 77% profit in ten days, staking on tennis games. 7 days won and 3 days lost. I have evidence

vickydevoka:
Any how now, we go relate. De problem way I get with bet9ja one game to de cut. Even yesterday I jst de cry my last game leceister city cut am for 92 mins. 108thousand jst go like dat.

Kobicove:
If you give him the next 10 years there is still no possibility that he would make the money back because it's virtually impossible... his secret intention was to start a Ponzi scheme

whitelexi:
Live account bro. But like I said earlier, there's absolutely no reason for me to banter words with anyone. I just earn peacefully. If you are interested in earning just like me then indicate your seriousness and I may just hook u up, there's no need to hate. For the avoidance of doubt I have pasted today's trades and withdrawal... And yes, it's in dollars bro. I also pasted proof that it's a live account too.

gabi87:
With a capital of 4mil, how can one make profits in forex trading?

zoezoelogistics:
You dont have to be afraid. I personally believe that LIFE is about making key decisions - financial, spiritual etc. RISK is part of the game.
Just like you, I put 2m into Forex. I earn 300k monthly. I have been earning this for a year now.
I have recouped my initial capital, whatever i get now is just bonus.

I am not asking anyone to try it. PLEASE dont if you are not built for risk taking.
But for me, as a risk taker, i believe you loose more if you dont try, so why not try.

Mind you, be careful of empty high promises out there.
Peace.

Jesus loves you.

Oluwahelpme:
Ur name is sorry. Ur money don enter voice mail. Greed kill u there.

Oluwahelpme:
Anytime I read news like this. I feel happy for myself. Nigerians are greedy people. They will keep falling for Ponzi schemes. I give 3% ROI, but they complain it is too small. Can you imagine.

Seniorwriter:
Is this Sarcasm or a sincere question?

Trading Forex does not require a certain huge capital....your target(intended profit) will determine how much you should trade with.


I for one do not go beyond $1k trade capital....in all do not become greedy and make sure you leverage into other investments with your profits.


©Seniorwriter

realpoacher:
If you truly have 4M to waste on forex, better invest in my app idea and make yourself rich for life.

Check my profile

gabi87:
Sorry this is coming a little late, I undersnd what you just said but the problem is I would rather do it all on my own. How do you suggest we go about it, maybe some lessons?

Flickzvill:
any advice?

whitelexi:
Live account bro. But like I said earlier, there's absolutely no reason for me to banter words with anyone. I just earn peacefully. If you are interested in earning just like me then indicate your seriousness and I may just hook u up, there's no need to hate. For the avoidance of doubt I have pasted today's trades and withdrawal... And yes, it's in dollars bro. I also pasted proof that it's a live account too.

prof2007:
Do you have evidence of the fraud?

If yes, you can report directly to the EFCC via any of these methods:
1. In person at any EFCC office near you, along with relevant documents.
2. Via Email: info@efccnigeria.org
3. Via Telephone hotlines: 08093322644, 09944751
4. Via letter or courier addressed to: The Director, EFCC, No. 5, Fomella Street, Wuse II, Abuja.

prof2007:
A foreign exchange (forex) trader based in Kano State, Mr Abubakar Ibrahim, has landed in a bowl of hot soup over his failure to keep to his words. Mr Ibrahim had promised to deliver a 30-35% monthly return on investment (ROI) to an investor, who eventually gave him N7.6 million for a try.

It was gathered that the money was given to the suspect through one of his agents, Mr Umar Kabir, and after the investment, the 30 to 35% ROI was never delivered as promised. This prompted the investor to approach the Economic and Financial Crimes Commission (EFCC) to help him recover his hard-earned money.

According to the EFCC, which arraigned Mr Ibrahim before Justice Lewis Allagoa of the Federal High Court, sitting in Kano, on Friday, October 16, 2020, on a five-count charge of money laundering, the suspect allegedly engaged in forex trading through his Flexus Global Investment without duly registering with SCUML (acronym for Special Control Unit Against Money Laundering, issued by the EFCC).

SCUML was established by the federal government in September 2005 as part of measures for implementation of the Financial Action Task Force (FATF) Recommendations on Anti- Money Laundering/Combating the Financing. It is charged with responsibility of monitoring, supervising and regulating activities of Designated Non-Financial Institutions (DNFIs).

At the court, the EFCC informed the judge that efforts to make the suspect refund the sum invested to the complainant were futile and when the charges were read to him, he pleaded “not guilty.”

“That you, Abubakar Ibrahim (being the Managing Director of Flexus Global Investment Ltd) while acting in such capacity, sometimes in 2019 in Kano, Kano State within the jurisdiction of this court, did fail to declare the existence of your company with Special Control Unit Against Money Laundry (SCUML) before commencing business under the name Flexus Global Investment Limited and thereby committed an offence contrary to Section 5(1) (a) (i) and punishable under Section 5(6) (a) & (b) of Money Laundering (Prohibition) Act, 2011 (As Amended),” one of the counts read.

In view of his plea, the prosecution counsel, Mr Michael Ojo, asked the court for a date to commence trial and that the accused person be remanded in the custody of the Nigerian Correctional Service. However, the defence counsel, H.A Hamza, urged the court to admit the defendant to bail. This bail application was granted by Justice Allagoa in the sum of N50 million with one surety in like sum.

The surety must be the owner of a landed property within Kano metropolis, which shall be verified by the registry of the court, the judge held and adjourned the case to November 19, 2020, for trial.

SOURCE: https://businesspost.ng/economy/efcc-nabs-forex-trader-for-failing-to-fulfil-35-monthly-roi-promise/amp/