₦airaland Forum

Gozzylala:
Bro, if your money is with MBA and you really want to get paid, will you go to court to ask that the account from which you will be paid be frozen? If it's frozen how will you then get paid? Be honest.

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

solreb:
It is unfortunate that people like you cannot state your points with abusing others.

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.

kavey10:
You're a liar! Post those screenshots with time stamps.

emmaversity:
Hi all!

How far with Barafinance?

Since the thread on Barafinance was pulled down there has been no 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.
They are good ... I invested Oct 13th with them I was paid 1:19am on Nov 13th... I woke up to the alert

Your kind reply will help to reach investment decision.

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.

iyobosadavid:
I don't need to state any point to you or anybody badmouthing my investment. If dont want abuses and cause, why dont you just waka pass cos the last time i checked, the topic still remains "MBA investors forum" and not the opposite.

Advision:
Who is this? Abeg swerve....

You are right all I said are lie

Advision:
Who is this? Abeg swerve....

You are right all I said are lie

Beth125:
Just shut up and scroll pass the post, you don’t have to be a clown always

emmaversity:
Thank you so much Mr. RayRay06677

Am interested in Pipminds too but I want to start with Barafinance and MBA forex.

Thanks for replying to my questions...May God bless your investments. Amen

uncle005:
All these slaves insulting people up and down, can you guys pay me my ROI?

Then i will now take you guys serious otherwise this insult is really a work of slavery without wages. The vent their anger on anyone at sight as if they cause their misfortune.

Pay me my ROI.

You bark at anyone on this forum like they encroach into your plot, you guys are lucky this is anonymous forum.

uncle005:
All these slaves insulting people up and down, can you guys pay me my ROI?

Then i will now take you guys serious otherwise this insult is really a work of slavery without wages. The vent their anger on anyone at sight as if they cause their misfortune.

Pay me my ROI.

You bark at anyone on this forum like they encroach into your plot, you guys are lucky this is anonymous forum.

uncle005:
All these slaves insulting people up and down, can you guys pay me my ROI?

Then i will now take you guys serious otherwise this insult is really a work of slavery without wages. The vent their anger on anyone at sight as if they cause their misfortune.

Pay me my ROI.

You bark at anyone on this forum like they encroach into your plot, you guys are lucky this is anonymous forum.

InGodWeTrust701:
What will you have done ?....Ranting Poverty Fool.

georgee:

tempest12:
MBA just increase delay ROI from 7- 14days to 14 - 21days now... This is a very bad sign cos just few days ago they said it's 14day max. They are not straight forward anymore. Let's hope for the best.

iyobosadavid:
You are fool

solreb:
You simply don't know the workings of the courts. Once the accounts are frozen, it simply prevents the company from accessing it. The court will direct the banks to pay you directly what is due. I have taken action like that against a client. I got paid from their account with Diamond Bank and GTB. Once the payments are made the courts will unfreeze the accounts.

habakukjss3:
This is pathetic...
For how long Would they keep toying with people's finance/emotions?

If after this ...They increase the ROI payment date again..

I wouldn't stop anyone from going for litigation..

Favoured35:
@tempest12 - source of ur information?

habakukjss3:
This is pathetic...
For how long Would they keep toying with people's finance/emotions?

If after this ...They increase the ROI payment date again..

I wouldn't stop anyone from going for litigation..

dhensity:
Let us be honest here if people stop investing today in these forex companies will they be able to still pay ROI’s since they claim they are trading forex.
It takes nothing to analyse this. They might be into forex but even foreign companies barely make 25% in the forex market. I really do hope forex investment scheme are into Forex and not a back end Ponzi scheme.