kavey10:


To be honest ehn, the behavior of some persons I have known on this thread in the past as investors is quite shocking! Different conspiracy theories that make no sense whatsoever.

You want to freeze an account, how selfish can you be? Because of how many millions? Go ahead and try your luck, I can bet you that you will be badly burnt. Go to the Agritech threads and see what is happening with funds mismanagement at ThriveAgric and the likes.

You think running a business is easy in this climate? How would you know when you are not brave enough to have your startup company?

We are all affected by this delay, but one just has to give them that benefit of a doubt. For me, December ROI is not even in my plans. I have made up my mind that by January things will be okay... MBA had all the reasons to bail during COVID-19 if y'all think it's ponzi, the joke is on you.

I stand with MBA

frday:
@iyobosadavid the manner you course sb family here shows that you don’t have parents.your immature sense and rude reply to everyone here shows you are stack illiterate. Go and read all your you will be cursing ppl family but I pray your family will be in agony and gnashing of teeth forever. TThunder fire your mother and father and let shame visit you and your family in Jesus name I prayed and it must come to pass.idiot are you the only one here.you don’t know how to talk atal.From your reply I see you are a kid

emma155:


Offline investors gather round. Please who did we offend? See as online people dey flex their ROI.

emmaversity:
Hi all!

How far with Barafinance?

Since the thread on Barafinance was pull down there has been to means of knowing if they are still paying

please if you invested with Barafinance and has been paid recently (i.e Oct, Nov) kindly indicate by mentioning this post.

Your kind reply will help to reach investment decision.

Beth125:
Am tired already is 3months now and no single payment from mba what’s going on

kelly1980:
Yes bara is paying. My sister got paid today. They're even paying a day before due date. Bara is the in thing now.

emmaversity:
Hi all!

How far with Barafinance?

Since the thread on Barafinance was pull down there has been to means of knowing if they are still paying

please if you invested with Barafinance and has been paid recently (i.e Oct, Nov) kindly indicate by mentioning this post. Bara is almost the best, you get paid before 7am, layer than 7am is the fault of network. Twice I have been woken up by their Alert, 19th and 21st, am waiting for them as I run multiple stream. There is another thread for bara just look around

Your kind reply will help to reach investment decision.

emmaversity:
Hi all!

How far with Barafinance?

Since the thread on Barafinance was pull down there has been to means of knowing if they are still paying

please if you invested with Barafinance and has been paid recently (i.e Oct, Nov) kindly indicate by mentioning this post.

Your kind reply will help to reach investment decision.

iyobosadavid:
And you think what you noticed is right abi, keep fooling your stupid self

emmaversity:


Hi!

Thank you so much for this wonderful reply.

I have the money and ve been thinking of investing... dont want to throw away my hard earnings.

just needed some confirmation. Thumbs up!


BTW, when will nairaland give us emoji for thumps up... anyways that discussion for another day.

Lamda05:
I heard some people complained of payment delay though. You can go through their Facebook page to read comments from investors. What I like about Bara is that they are expanding the scope of their business, into low-risk ones.

RayRay06677:


Strange, am just 2 roi old with them and it has been excellent. Always waking up to see Alert on die date. In that case, my case is different and may it continue to be different

Beth125:
Am tired already is 3months now and no single payment from mba what’s going on

IWUBOY:



My dear no reasonable investor no matter his or her stake with MBA will come her to cause more harm than good to his or her investment... A genuine investor will pray for MBA sustainability... He or she will be patiently wait for solution of issues... Or even think about things that can help in the companys growth...

How on earth will an investor come ( naria land) and say he will take MBA to court if they don't pay him?
Imagine that guy soreb or watever his called claiming he has Ben with MBA 4 over 12months n jxt little delay... See what he has turned to. Seeing such statements will u still believe his an investor... If at all he is then he's very stupid... Which means somepersons are not supposed to invest in this life... Jxt wait for salary when it comes use it n buy food n cloths that's all.

Flash83:
You lack the fear of God

Advision:
Someone chatted me that I and some others on this thread caused the issues MBA forex is having.

My response :

1. while I know this thread has a lot of impact, it's overestimating what we do here. A lot of contributors (investors) already planned cashing out by December.

2. MBA forex is only experiencing issues because it is a ponzi business disguised as a forex trading buisness. I'm sure there are real forex traders here who can confirm MBA forex claim of being forex traders is a ruse.

3. I have a clear conscience and hold no grudge against no one (even the ones that went as far as abusing my parents),I did what I did to help others. MBA forex will always result in tears and pain (if not now, later) , because that is way all ponzi end

4. If there's any one to be pissed with, it is the MBA forex owenr (the ponzi maker) and deliberately mischevious promoters on the thread. They were contributors who, although they knew MBA forex was a scam, invited others in and attacked any dissenting comment because they wanted to ensure they successful exit the pyramid before it crashes (that's how evil some people can be)

Indeed, many of them even came boasting after issues came up that they have made their profit and they have nothing to lose if MBA forex closes shop now. They've about all disappeared now (the ones still here are likely still in a loss position but hoping to turn it to profit by keeping the pyramid going)

5. As to why my focus is MBA forex, indeed there are many HYIP (not necessarily all) in the investment section that are scams/ponzi, MBA forex was one of the clearest and biggest.

For all what people have said here. I don't have that time moving from thread to thread hunting ponzi. More so, the attack dogs here, made it a personal thing for me to see this through .

However, anyone who has carefully read this thread by now should know which HYIPs are ponzi.

Gaddafiyusf:


I suspect this account belongs to maxwell odum. See how he's referring to himself as our dear maxwell odum.

DrAkpa:


The guy's behaviour captures the behaviour, heart and soul of the average Nigerian.
Most Nigerians are evil by default

50nizzy:


That Information is not true. No MBA account is frozen. Investors need to relax and give MBA management the benefit of the doubt.

MBA FOR LIFE.

kavey10:


You're just shameless, jobless and disgusting. "The attack dogs made it a personal thing for me to see this through".

Get a life!

solreb:

So what is evil in investor trying to recover his or her money. If I ask for capital refund and MBA anwers responsibly and timely there will be no need for litigation.

leojah:
LAS LAS OJORO GO CHOP OJORO NOTHING REMAIN.

I wonder why Africans most especially Nigerians have such great affinity to dubious, super accelerated wealth programs and conmen that promise to generate and redistribute wealth among the income brackets which it fulfills partly but it in the end it's true form is revealed as a one-sided sham scam that pushes money up a pyramid to profit the top minority with the losses of the bottom majority. I believe it's a symptom of poverty and desperate survival culture which we need to outgrow for the betterment of our societies.

The dominant players in the FOREX industry who control over 80% of market volume don't make humongous returns "per month". A typical Hedge Fund has a minimum profit target of 20% per annum. The largest global banks have an average annual return below 30%.
This is largely conservative and a far cry from profit returns above 150% which these "forex/money experts" advertise.

If they are so certain about their exceptional results, why do they need to draw in investments from the public and risk loss of public funds along with administration, expansion and other capital intensive costs.
The most logical approach would have been:
......Reveal your "black-box" fireproof strategy and back-tested results to a handful of high net worth individuals and banks or possibly fund yourself.
......Acquire minimum funding of $10 million for your company.
......Register your company as a proprietary trading firm.
......Maintain capital costs as low as possible possibly rent a single room office space, stellar equipment and internet connection (that's most of all it takes to trade forex from as low as $1 to $1 Billion and beyond).
...... Excluding all costs, with a 'fixed" annual return of 150% your initial capital of $10 million would have grown to over a Billion dollars in about 6 years.
10,000,000 * 2.5^6 = $2.4 Billion
Even if your expected performance falls to 100% your initial capital will grow to reach a $Billion+ in less than 10 years.

Some might ask "who would give you that kind of money upfront ?" actually very few people would but considering these "experts" have proven themselves over 4 years, most billionaires with lots of cash lying on the sofa would have been interested in this "free money" and can possibly fund even more than $10 million.
But NO these "forex/money experts/doublers" will never consider this option because they know and are certain that the "integrity" of their operations can never survive the light of transparency, audit and regulation.

The Regulators are complicit in these menace too. Some has them have flagged these entities but have failed to take decisive. That notice independently is a sufficient Caveat to potential investors. Yes, Forex is not highly regulated in Africa, Nigeria inclusive nevertheless there are many angles through which these guys can be tackled. One of those measures is Illegal Deposit Taking the second is Absence of Insurance Policy.
.......Only licensed and approved organizations are allowed to take deposits from the mass public (especially lower class investors) irrespective of the
withdrawal arrangements.
.......These Deposits are expected to be Insured incase of loss. No reputable insurance company is willing to bear the risk of any
fraudulent/ambiguous/ponzi scheme. So none of these companies are insured if they run away tomorrow expect nothing.
The silence of these regulators don't baffle me after all, it isn't right to talk when your mouth is full while eating.

Let's get a bit technical into why these schemes don't seem practical in any sense.

I have financial trading experience with Citigroup and Trafigura at their offices in Singapore. Therefore I understand the markets as some of you should too who have been trading for a while now although with different experience levels.

My first case is this simple fact: ALL MARKETS FLUCTUATE SPONTANEOUSLY.

This is even more profound in the Forex Market than in stocks. The Forex market moves in a random fashion forming long trends, short trends, ranges and sometimes out right Brownian motion.
You can't relate the results, events and elements of the past with the possibilities of the future because the market is as fickle as a human emotions.
All you can do is ride in the direction of high probability and limit your risk appropriately.
On this premise, it is therefore impractical to offer a fixed rate of return from trading forex because your Results (Profit & Loss inclusive) might vary widely instantaneously. You can't win everyday.
In fact, no professional body in the world, hedge funds, prop firms etc. provide fixed rate arrangements except these "experts".
All that is there is that your performance should stay conservatively attractive in order to retain clients.

My Last but most Vital Point is: the INVESTOR PAYOUT INTERVAL

How often investors are paid out is an important factor concerning any trading or investment company managing investors' asset because it determines their trading style. I will use the example of a typical Hedge Fund arrangement because it is the most prominent institution outside a Banking structure that is allowed to collect funds from the public (although strictly selective) for the purpose of investment.

A typical Hedge Fund has an average lock up period of 1.5 years sometimes even up to 4 years and their is no scheduled payment of profits.
During this period the investor has waived off access to their funds for withdrawal.
This gives the company adequate time to deliver good results while distributing risk efficiently.
The inverse is the case for these "pseudo hedge funds" who commit double atrocity by paying out most if not all their clients a "Fixed" return on a "Monthly" basis.

The risk flaw in the latter practice is that the "pseudo hedge fund" theoretically has to risk the "whole basket" on a monthly basis in order to payout money to clients. The outflow of the accrued profit made by the company for that month has also reduced it's chances of compounding on past gains for future sustainability.
They might claim to have cash reserves, but from where can they generate enough cash reserve especially within a market as unpredictable as the Forex Market where losses are inevitable?
How can you have cash reserves when you are paying everyone monthly and withdrawal is possible in less than a year.
How? Maybe they are taking loans from Banks or perhaps in actuality they are paying back the specified part of investor's funds without corresponding income from forex and when time for withdrawal reaches you recycle money from another client. Hopefully, most charmed investors aren't willing to withdraw just yet, possibly they reinvest back their returns with even more additional money in a rollover plan.
Who knows?

I also have to criticize the acquisition of a relatively Large "Investment Company" by an unverified shell company that has no technical experience in the involved sector. Why should a 'Citizenship by Investment' company buy over a financial investment & trading company. Are you sure someone isn't trying to purchase foreign citizenship. Remember the case of Mrs Dieziani Allison-Maduke, you can't prosecute a non-resident foreigner without an extradition treaty. Think about this.

In Conclusion:

I am not here to coerce anyone into any decision. Awareness is my primary objective.
I just want you to understand that the activities of MBA Forex and their likes don't fit into the category they claim to belong.
Know what you dealing with and strategize how to tackle or avoid it. Risk only what you can avoid to lose.
Because we have a lot of uninformed people who consider these things normal practice every where else in the world.
That notion is far from the truth because the existence of these type of firms in the developed world is minimal to none because the knowledge and experience to filter what is authentic and what isn't is what made them what they are today.

I don't suggest that MBA forex and their likes will crash this year. It will go on as long as the charade of greed continues and expands but mark my words when it crashes, the Truth will be revealed and the Bottom majority of the Pyramid will actualize their well deserved losses.

To all those MBA Forex audacious activists that would come after me, ask yourselves one question, "If MBA Forex is operating an honest establishment would a flimsy dissuading opinion or lack of new investors counteract it's growth or existence?"
If your answer is a an assured NO then why the stress?
On the other hand I am obligated by human sympathy to highlight the reality for unsuspecting investors.

A Safe Forex Investment at the moment aside from self-trading should be in the form of a PAMM and Copy-trading model. Which is offered by various reputable companies and brokers.
It is highly transparent, in that you get a real time view of how your money is being put to work unlike a "behind the curtain" arrangement.

Have a good day people.

DrAkpa:



MBA hasn't paid you for 3months and it is this thread that will pay you?
You don't know the way to their office.

I haven't cursed anybody here but I will not start with you, because if I do, you will not see the light of the next day.

Advision:


No shame bro, evil reigns when good people look away. If some criminally-minded people will aggressively push a scam and believe that by insulting or threatening me, they'll get me to look away, they are very wrong. It just becomes my motivation to see it to the very end.

Some people have also reached out to thank me for saving them from making a big mistake. Some others may not say it, but I'm sure they are thankful for the warning