SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme - Business (7) - Nairaland
Nairaland Forum › Nairaland General › Business › SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme (43620 Views)
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| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by nerd004: 12:31pm On Dec 25, 2020 |
mumu people ...dey warn una b4 ,,,,,sheybe una say una no dey hear word....Good for you all |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by armadeo(m): 12:31pm On Dec 25, 2020 |
Premium tears loading |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by adonainana: 12:55pm On Dec 25, 2020 |
quentin06:I don’t blame you I blame the real fraudsters giving us us real entrepreneurs a bad name, I said I have a business, shouldn’t the right question you are meant to be asking is where is my hotel located. Second question we arrange a visit You even stay the night to see us selling our rooms to customers, where the lounge is. Etc How can I be a fruadster when I am offering you the opportunity to come and see all of this for your self Even the Title documents you can see and our books of accounts and our bank statements to confirm who the genuine hotel owner is Like I said I don’t blame you, I blame criminals who have spoilt a real call for investment and have damaged any business credibility amongst Nigerians etc Eveething to you is fraudulent, |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by adonainana: 12:58pm On Dec 25, 2020 |
Sermwell:I can my sales income at the hotel is 600k The maximum I will willingly take from anyone won’t exceed 600k. Which is 780k return in profit plus capital The money I need is for buying a diesel genenrator and air conditioners, It’s a very realistic return, 180k as interest is not a lot of money for the type of business I am into Even last week some people came to do burial around our area and paid 160k for a week stay all the rooms booked Seeing is believing tho |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by adonainana: 1:01pm On Dec 25, 2020 |
Infinitex:The need for investors is to purchase split air conditioners for the hotel and buy a diesel generator The profits are immense as all my customers never stop asking for non stop air conditioned rooms and a proper generator is needed for it I can fund it personally but it will require at least two months of deep saving and thrift saving So I thought to myself if I am able to raise at least 300k from potential investors, even if it’s for the diesel generator then I can continue from there to say at least Yes the hotel is mine on a 5 year lease I have a valid court stamped lease agreement as proof |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by MrHandsome2013: 1:07pm On Dec 25, 2020 |
Sermwell:. Sir please I need you to mentor. I am a student struggling. No helper. Please teach me how to earn legitimate money |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by sammhi(m): 1:31pm On Dec 25, 2020 |
Geovanni412:A lot of ignorant talk going on here . Who says you can't make 30% on forex trading per month .. Professional traders makes more than that . ... Back to real issue : MbA forex ... Questions to ask ? Do they trade with your money be it forex or any type of trading ? Yes they do ! So we agree they are not just moving fund around . Next question what's going on ....Why are they not able to pay ROI ? According to them it is because FG through CbN has limited amount they can pay out on daily basis . Is this true ? I don't know but what I know is that it is possible because FG has many times , restricted money output from banks . Even MTn was once sanctioned for moving their own money from banks to SA...... Next question: Dangote , Mtn etc has more funds than MBA so can we truly believe this story from MBA about restrictions? To answer this we ask: Do these two or more Mtn, Dangote pay individuals on a daily basis? No! They mostly pay corporate organizations who carry out contract with them . Does mtn and others also have restrictions on how much they can pay individual on daily basis ? Yes they do . In fact , mtn won't do even a 500k business with you on a regular basis if you don't have a corporate account . So will MBA bounce back ..... I very much think so because findings is that they have funds . Note am not an MBA staff or a founder of MbA or their shareholder I only write this because most of what is said here are wrong . |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Priam: 1:31pm On Dec 25, 2020 |
Princewill1:But the real deal was that Maxwell Odum's MBA forex was not trading on forex.. They only used that name as a smokescreen to deceive the gullible and hide their true intentions which is what they truly are, a PONZÍ scheme. P.S: DrAkpa, CaptainKing, RedScorpion, Plierz Airsaylongcome... your attention is needed here. Please come and assure your "investors" that their money is still safe. Post alerts and shame your detractors ![]() |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Sermwell(m): 1:39pm On Dec 25, 2020 |
Juliearth:Thanks ma'am! I appreciate your concern! |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by iv2000: 2:31pm On Dec 25, 2020 |
This statement of excuse from SEC, by its head -Efe Ebelo, is too lame! With your level of knowledge as a "Regulatory Body", you have the legal backing to have closed down all these kind of schemes you so listed. But instead, you have romance with them,given them a breeding-ground to thrive & to defraud Innocent Nigerians whose interest you claim protecting. Please SEC, let your organization wake up to its responsibilities by observing what their counterparts in other sane climate are doing.. How many Nigerians are preview to your claims? A country you've deprived the masses from listening to common radio news? What level of jingles did you carry out to really alert the people? Please, SEC should hide their face in shame by doing the needful to restore investors confidence in this country rather than playing to the gallery. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Princewill1(m): 2:44pm On Dec 25, 2020 |
Priam:Lol going from speculative risk business like forex trading to Ponzi scheme is like going from bad to worse. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by vickydevoka(m): 2:52pm On Dec 25, 2020 |
Donfx:Dats wat de tell Dem to deceive dem |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by vickydevoka(m): 2:55pm On Dec 25, 2020 |
loko50:I de tell u |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by vickydevoka(m): 2:55pm On Dec 25, 2020 |
loko50:I de tell u. Na so I invest 300k for forex de money enter water. Las Las en go de alright |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by CSTRR: 2:58pm On Dec 25, 2020 |
400billionman:There's actually a school of forex in Dubai. The biggest in the world. It's govt registered. Forex requires training. It's a skill that can be learnt. The problem is that very very few people have It. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Geovanni412(m): 3:32pm On Dec 25, 2020 |
sammhi:You don't get my point. Look, it's possible to make 30 percent per month but to give out 15 percent per month to your clients every month without failure... To the best of my knowledge,no duly accredited company does business like that. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by dhensity: 4:29pm On Dec 25, 2020 |
Me too I will be giving 25% of your money every month. Try me and see. Even 1000 Naira go get 25% lol just try I mean this.,you can get your money anytime also. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Infinitex: 4:44pm On Dec 25, 2020 |
adonainana:Let's chat on WhatsApp 0.8.1.8.0.9.6.0.6.1 |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Priam: 5:25pm On Dec 25, 2020 |
adonainana:Have you thought about approaching a bank for loan.? What about friends and relatives, don't you have any that could lend you such an amount? You said the profits are immense, then why don't you take a part of said profit and reinvest in the business generating it. What do you do with the profit? If you can't get people around where you stay to put their money into your profitable hotel business, why do you think total strangers you met on the internet should be the ones to invest in it? |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Mrpojj(m): 5:35pm On Dec 25, 2020 |
Geovanni412:3 percent of 100 million or more of clients capital na small money? To keep for me sef? |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by showafrica(m): 5:44pm On Dec 25, 2020 |
Entom:My colleague was paid on the 23rd, it was like miracle. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by showafrica(m): 5:55pm On Dec 25, 2020 |
angelfallz:Tell him oo.. Lol, 80% rich guys you see today practically do nothing. They just do the initial work, sit back and enjoy there wealth. These people who run up and down are just middle class working there ass off for the rich dudes. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Coinbased: 6:04pm On Dec 25, 2020 |
Even all the Agrictech schemes are scam |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by showafrica(m): 6:07pm On Dec 25, 2020 |
Sonyboom:No rich man will tell you exactly the secret of his wealth. If you are too close to him, he might tell you a little but will never tell you the key unless, brotherhood or oat is involved. Let me tell you one secret... If you really want to be rich, dont discuss your idea with anyone, learn how to keep the key to your wealth alone until you blow beyond fall. What men know they destroy what they dont know they call names. It is better they call u yahoo boy or ritualist than shattering your dreams. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by adonainana: 6:25pm On Dec 25, 2020 |
Priam:Also I have tried asking friends I know a friend close friend who drives a 30 million naira Lexus, if we are in the club he can buy alcohol with 500k. If I ask him for 500k which I have in the past he won’t give me whether borrow ooo or lend oo or whatever adjective you want to clarify So why not give it out to strangers to come invest, at least you are seeing what you are investing in and it’s legitimate |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by goodheart02(m): 7:31pm On Dec 25, 2020 |
Only if our banks were worthwhile with better interest rates, people will always save their money there, instead of being tempted to put their money in such schemes where they can get tangible interesting rates monthly. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Lastmankc(m): 7:44pm On Dec 25, 2020 |
The problem is that,one idiot will post that he got two times alert from a certain investment. And you will see many more fools under him saying its real.las,las nah God go punish una |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Mummyfour(f): 9:37pm On Dec 25, 2020 |
Sermwell:bros introduce me to what you are doing naah abeg. The struggle no be small o. Please don't discard this plea.biko |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Globalistic(f): 9:47pm On Dec 25, 2020 |
Thank God I terminated my six months contracted since I didn't have extra #160,000 to add to my already invested #200,000. Baba God, you do well for me. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Realboygenius(m): 10:35pm On Dec 25, 2020 |
As the country goes through it second recession in 5 years Saving had proven to be an effective way of meeting emergency needs. He's one of the reason to save your money with iNest by FCMB. You get amazing interest in your savings.
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| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Adeplus: 5:01am On Dec 26, 2020 |
Sermwell:Wow!!! Please how did you save up to 18m biko show me way |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by adonainana: 8:54am On Dec 26, 2020 |
Infinitex:Good day sir your phone number is not complete Mine is 08143753327 |
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