alexblaze553:

You sound naive and ignorant. So because someone invested in dollars automatically makes him superior to those who invested in Naira.. I hope your brain understands that someone who invested as little as one million naira actually invested more than someone with one thousand dollars... Speak for yourself, you are not worthy to have him on the thread, not "we". If you are ass licking an MBA employee like this, I wonder what you would do when you meet a federal worker or regular worker with real firms and establishments. I am also an MBA investor, so no hard feelings.

TheWatchDog:
FXmanager you no dey taya for all this plenty plenty things wey you type upan and down. Abi nairaland na im be your office? all this time wey you dey spend for nairaland they type tex book, which time you come get to do the ferex trading?

airsaylongcom:


@ bolded. I'm constantly arguing with certain folks that I'm not a Marlian. But when I see statements like the bolded I jump upandan (actually come forward) like a little baby.

So aside from being an employee I'm also an investor. Dollar denominated. And I haven't been paid this month. For almost 3 weeks now. But I'm not hyper ventilating. Loads of other folks would have thrown four tantrums in those three weeks

Completely agree with you that everyone, especially the naysayers are allowed to articulate and air their opinions (reservations really). People doing due diligence before making an investment decision need to hear both sides of the argument and then decide if they will invest and how much exposure they are willing to take. What is really offensive about these critics is the ad-nauseum repetition of their opinion. They feel like they should open people's mouths and force their opinion down the throats into the small intestine.

The one that even claims to be running a business referring to a sole proprietorship as "we" is even the most repulsive. Face your business and it would probably grow from being a teamviewer business to a proper business. Nothing wrong starting small. Absolutely nothing wrong with that. But when you are barely a business and you think the best way up is to attack an already established business then you should not expect to grow. Person wey say my water nor go boil no go see firewood to boil hin own.

IAMTHEHERO:
Guys!! It is enough of this MBA thing. You people should look at the date this thread was created; and MBA is still thriving. MMM never lasted more than 8 months and it crashed. They tried to kick start MMM again, and it never lasted more than 4 months. MMM never had an office etc. I will take time out of my job to give you people my travails in investments: MMM, T- BILLS, PAMM accounts with FXTM, Copy traders, Importation business, Individual forex traders, manufacturing business, real estate etc.
One thing we should know is nothing lasts forever, even some banks collapsed in time past (CCB, Savannah, just to name a few). Before l start narrating my experience in the above named investments. Please permit me to say few things/facts about MBA:
-They have physical presence in all areas of their operations- PH(Eliozu, Waterline), Aba, Owerri, Enugu, Asaba, Benin, Uyo, Abuja, Lagos (Ikeja, Lekki), Dubai, Uk etc. Their offices are by far more beautiful and work conducive than most banking halls, even some oil and gas companies offices can't be compared to their offices.
- They have over 700 dedicated staffs, MBA have HMO cover for their staffs, some were given official cars. They also have loans facilities for them.
-MBA have lived more than 2 years now and still going to many places.
-MBA features in regular televisions(Channels, RSTV etc) as well as print media, and they never hide their businesses.
- If this 15% roi is no longer sustainable due to effects of corona virus to world economy, l bet you that their CEO will drop the roi to 10%. Remember, it was 20% before it came down to 15% (..for less than N5M investors)
- The minimum of investment in MBA is N360,000 now. You can imagine millions of people who can't afford N360,000 are being disenfranchised. Remember, they have stopped their Top-up.(It is now being done during your rollover and it must be N360,000/above).This means they are not begging you for your money.
-Some people here criticizing MBA are doing so for their own personal gains. Beg them for financial help and see if they will not disappear from nairaland for months. Some don't have money to invest in MBA. Some had bitter and bad experience with their investments in time past. Even some people are regretting why they didn't invest in MBA early. Some are wishing MBA to collapse so that they will say: we knew it , we said it; we warned them etc. Some people here are MBA competitors. Some want you to invest in their own business/scheme.
When a man over flogs an issue, then, he has a hidden agenda, you and l do not know.

ephisi:
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Your money remains in your account. My work is to trade it and I can't touch your money. FXTM has the technology to handle all that. It's called FXTM invest (copy trading)

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solreb:


Chief, this is enough. The thread was created for education and exchange of information for investors. I appreciate you have made your points about MBA being a scam. Fine. But no need to be abusive. I am an investor just like many of us here. Do I have my concerns? YES. But through hearing from others I have decided to seek information that will address my concern fron their PH office at Eliozu now that I am in PH. I can say here categorically that since I started in January I have not yet signed my Contract but my ROI has come in timely.

airsaylongcom:
Na wa o...poster above me some of your insults dey enter bone. See your opening line in the post above na....very injurious

Joeyburton:


You are not important like I could not give 2 f**ks about you even If i wanted to. When I say husband I mean future or present husband, If you already have one, he is close to killing himself and if you don't yet then, lol. You are on a long thing because it probably will never happen. If my some miracle you manage to steal one then I can assure you that he will kill himself if he doesn't leave you asap.

Who is the one jumping around in other people's comments ? Last time I checked i never quoted anyone until people decided to bring their madness my way. Don't even try it. I don't tolerate scammers.

IAMTHEHERO:

Madam, easy!! Abeg ejoor!! Doh. After reading your comment, the guy just landed in one of the isolation centers.

Joeyburton:





Hehehe. No manners. Some parents should be ashamed. Anyway it might not be their fault, most of these girls nowadays go to school and relocate to a boys house. It's no surprise that she lacks home training. I can see ranting on nairaland is the extent of her home training. I thank the gods that we have different kinds of sensible ladies because I would probably hang myself If I had to live with someone like this. I would not be surprised if your husband committed suicide just go get away from you.

Joeyburton:


I try not to exchange words with you but for a girl I have to say you are very wayward. I'm having a hard time believing you are a girl. If you are then, boy, you have no home training, not a single ounce. Well it's not surprising. Most of these scams employ mostly women. Very deadly women. You have been with MBA for 2 years because you opened the company with Mr Maxwell.

Joeyburton:


Do you know what is funny ? Why I always laugh you people ? Schemes like this are a way for people with connection to make money. You think because some people from CBN or SEC or Senate are investing so you are safe ? Some of them will lose money but before that thing goes down let me tell you, most of them will get their money, after it crumbles, those people you are talking of will have their money transfered into their accounts with just 1 phone call. The people who will be suffering running from one place to the other is YOU. You think you and those people are the same ? As a person who is close to the SEC boss, don't you think I will know If MBA is about to Exit scam ? How will you know? You'll be sleeping in your house. For all we know all the powerful people in Lagos and Abuja have started taking their capital before the lockdown Is over because they know what's happening, but you just sit here and defend MBA morning till night as if they are paying you. They said they aren't paying because of the lockdown. How do you know if it's true or false ? Lol. Don't compare yourself with other people because you will be shocked how they will receive their money in envelope delivered to their houses. I've seen it happen before. Don't underestimate anyone here.

Fxmanager:
And you rely on those people from authorities to make your investment decisions. How are you sure that they know what they are doing. Why can't you do your own findings? We think we deserve the kind of leaders that we have. What ever the feed us, we take, without doing our background checks.

Fxmanager:
Did you verified it from the EFCC headquarters. Besides EFCC is not an investment regulatory body. It is the SEC in Nigeria. The CBN only regulated the banks. Outside of this you need to find a way to verify MBA activities, and that is through the questions, we have been asking in this thread/forum.

Joeyburton:


Returns market has been blacklisted by SEC as ponzi, it is part of the firms SEC published to stay away from. It is the same as Result investment Nigeria limited, Mba Trading as well, they both changed their name after SEC published that and pretend it's not them. I am surprised that you people couldn't see this. Be careful where you put your money, what is wrong with you people ? Is it that you don't like to do any form of research at all and just throw your money wherever you see. Anyway, bring the cash let me add and buy venza for myself.

iguele:
Guy, If EFCC is aware of their operations then get them to show you a copy of their SCUML certificate; it’s usually issued by EFCC

Fxmanager:
Do we sound disgusting by educating members of this forum and viewers of this thread on how to tell between a scam/ponzi scheme, so as to avoid loosing their life savings, their gratuity and their retirement funds to ponzi schemes disguised as a legitimate investment company. Besides, the topic of the thread says "Does investing in MBA forex real or scam?"

Did you actually go through the link below?

https://www.bbc.com/news/stories-50435014

mtinfx:


Guy
Your just making a mess of yourself here, many traders read this thread so stop making a joke of yourself

You cant flaunt a 2 month trading history and be online making noise looking for clients after you blew the first batch .
Your the last person that should complain about MBA

Any good trader who knows their onions does not seek capital on nairaland
Capital chases them from darwinex to Zulu trade


Go and build a solid one year trading history on a reputable site and you wont be looking for 100 dollar change

Fxmanager:
We can upload our picture, scam people in billions, use part of the funds for plastic surgery to change our face/identitys. How much does it cost to do a plastic surgery compared to billions of investors funds that all this ponzi schemes will run away with. My friend, government licensing, regulations, monitoring and auditing is the answer. Go through the link below to learn of how s ponzi scheme promoter/owner scammed the world, change his identity using plastic surgery and then disappear.

https://www.bbc.com/news/stories-50435014

Joevics:

The question is why you are even here replying to comments.
I'm and investor, but I only come here to read through comments once in days. You aren't an investor but you carry the mata for head as if they pay you.

Nobody wants your advice, and if you were actually an adult or someone without an ulterior motive, you'll just stop commenting.

grossintel:
This is Enron, one of the biggest Ponzi schemes in history, if you think it's about Buildings this building cost over 200 million dollars. Don't be fooled.

grossintel:
I'm not jobless, I'm actually sipping a drink while typing this, I hate scams, I hate ponzi schemes and I don't care what ever form they come in, MBA is a Ponzi scheme and will exit with peoples money so I'm that prophet of doom who will keep digging and warning people whether you like it or not

twinboyandgirl:
It's ok to have constructive arguments/criticisms but when it turns to negativity all the time , then there is a problem. Everyone knows that when you top up or roll over, there has always been delay with payment. We have even experienced an almost two weeks delay with them.

Some people top up their investments without even letting the company know and when they are paid their ROI based on their initial investment, they come here and start ranting like children.

I have a mutual funds account with a certain bank. I requested my funds and it's up to 10 days , I haven't received it. This is something that normally would take 2 days before. Would I start saying my bank is scam because of these?

People experience a lot of problems in different types businesses. This period is a tough one for almost everyone. Even some companies are not paying their staffs their full salaries anymore because or the way the economy is as a result of this covid wahala.

Small delay, investors are already sending out panic. Panic kills any business. Look at forever living, panic made a lot of people pull out and now people have moved to longrich even though both have same MLM structure.

You investors will use your hands and spoil this thing for yourselves.

You have people who opened the accounts for you, you wont go to them.and share your concerns or visit any of their branches rather you run here where you know people are quick to pick on it and spread panic.

To all those concerned about people investing with MBA , it's their risk and their decision to invest , I think you should make your point and leave people to their decisions.

Let me tell you some years back, I did one nonsense investment in dollars with a bank in Nigeria, after two weeks, I gsined about 100usd but before I could open my eyes and close it, my balance went below the capital I had invested. I was running at a loss. It remained so for a long time. After a while, I was still losing, I just had to withdraw my money like that. It was a risk I took and I lived with the result.

To you investors, for your own good because your money is there, STOP coming here to spread the part that didnt favour you because a lot of times have favoured you as well. Dont spread PANIC. You know why? Panic would make that your money go if care isnt taken.

Just hope for the best !


I am not saying MBA is Scam or is not.
But you have already entered it for those who are investor and when you have your funds tied up in any business, dont always be quick to spread negativity. That's what drives Panic and your investment would be greatly threatened!

My 2cents though.

Thanks.

Fxmanager:
@Iwanttoto, something must kill a man. In your own case, na toto go kill you.

Asakestark:
Hello House,

Thank you to all the contributors for the advice and tips.

I learnt a lot from the platform and thought to give my experience at my appointment today.

The VO experience of others helped me to prepare in advance for mine, so here goes:

BTW I applied for a medical visa and my husband a tourist visa, both first time applicants.

VO: Good morning
US: Morning
VO: Why are you visiting the US?
HB: For the birth of our first child
VO: How long do you plan to stay in the US?
HB: 4 weeks and my wife about 11 weeks
VO: What do you do ?
HB: Answers
ME: Answers
VO: What do you earn ?
HB: Answers
ME: Answers
VO: Have you travelled to any other countries?
HB: Yes, UK
ME: UK and Ghana
VO: Do you have any evidence of funds for me?
HB: Yes /Hands over bank statements/
VO: /Looks through statement/ I can see some investments here…
ME: Yes, they are in for 30 days and can be liquidated midway if required /Quickly said that cause the closing balance was 2k but we had a letter indicating it had been placed on a fixed deposit cycle/
VO: What’s the name of the hospital you plan to use?
ME: Answers
VO: Did they tell you how much it’ll cost?
ME: Yes, about 10k for normal delivery and 12k plus for C-section /I look down at hospital breakdown/
VO: Can I see that?
ME: Yes /Hands over hospital breakdown/
VO: /Goes through breakdown /Hands breakdown back/ Did the hospital mention any discounts?
ME: No
VO: Okay, I’m going to grant you a visa at this time, but I need to advise you. I think the cost for the normal delivery, 10k, is low but that’s okay. Sometimes the hospitals offer some discount which they transfer to the US government and which you’re not entitled to so if they offer you a discount, just decline else it may affect your future applications.
US: Noted, Thank you
VO: /Hands us a slip/ Please pay the reciprocity fees at aisle ** and you will be contacted to collect your passport in a few days.

Reciprocity fee was N40,700.00 per person. Please take along the right amount, we had to wait for an hour to pay cause they didn’t have change and we were told you cannot leave your change.

Also my husband’s statements were in his company’s name and the VO didn’t ask any questions in this regard, I had read somewhere company accounts was a no-no, but we had taken the registration documents to show proof of ownership and collected letters from the banks stating he was the sole signatory.

Then again, it may not have been an issue because we were both present at the interview, if I had applied alone and taken his company’s account perhaps there may have been further questions.

Hope this helps someone.

peacenigeria:

Do what you told the VO you would do to avoid any possible issues when you renew your visa. You want to avoid any inconsistencies in your story that may be seen as misrepresentation. Having different hospitals/doctors with different prices may not be in your best interest.