MBA Investors Forum - Investment (33) - Nairaland
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MBA Investors (MAGAS) / Binary Income Group - Investors Forum - Advice Needed / Mba Investors Here (2) (3) (4)
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| Re: MBA Investors Forum by Iwanttoto: 7:59pm On Feb 29, 2020 |
Philipbbc: Fxmanager might be a ritualist. Be careful about contacting him on whatsapp |
| Re: MBA Investors Forum by Fxmanager(m): 8:15pm On Feb 29, 2020 |
Philipbbc:We have informed members of this forum of our plan to have an office soon. And also willing to meet any interested investors in person till the plan to have an office is ready. We don't know what you mean by being afraid to show the public your office. How can we currently have an office and we don't put the address on our website? Who does that? |
| Re: MBA Investors Forum by IammrB: 8:31pm On Feb 29, 2020 |
Fxmanager: This Fxmanager get mind to scam sha... Imagine him saying boldly they didn't have an office... Yet he's trying to let people join them instead of those with offices. 4 Likes |
| Re: MBA Investors Forum by Fxmanager(m): 10:11pm On Feb 29, 2020 |
AdGabriel:We are not against MBA forex running its ponzi scheme. We are against them misinforming the masses with lies that they are trading forex, instead of them to inform the investment community that they are actually running a ponzi scheme. The first of all started by deceiving the investment community about their government regulatory status. They lied that they are regulated by the SEC, CBN, EFCC, etc. These lies were exposed by us. We ask them several questions to verify the forex brokerage company that they are using, the government regulatory status of the broker and their third party audited and verified trading performance track record from www.myfxbook.com, which takes minutes to supply these answers to the investment community. These is not too much to asked for. @airsaylongcom has lied to members of this forum about MBA forex working with a forex brokerage firm licensed by the Republic of Cyprus SEC. Should a company that wants to win the confidence of investors engaged in such lies and misinformation? Below is a screenshot of their current FAQ in their website exposing their deception to visitors of their website about them being regulated by the CAC, SEC, CBN, EFCC, etc. Another lie peddle around by MBA forex now is that they are trading at least $6.5trillion daily. We just don't understand how far a forex ponzi scheme disguised as a legitimate forex investment company can go in its deception of the investment community. $6.5 trillion daily is approximately the entire daily forex transactions in volume by the entire forex participants daily, which includes, all central banks across the world, all the banks across the world, all the brokers across the world, all the international exporters and importers who are daily exchanging their currencies to the currencies of their destination countries, all world multinational companies who are actually using the forex market to hedge their investments in foreign countries, to protect themselves from different countries interest rate differential risk, investment management firms who use the forex exchange markets to facilitate transactions in foreign securities, hedge funds, forex traders/fund managers, money transfer/remmitance companies and bureaux de change, etc. MBA forex can not claim to be a participant in the forex market, until he provides the forex broker that he his using to participate in the forex market, the regulatory status of the broker with proof and its audited and verified trading performance track record from www.myfxbook.com. This link should tell you more https://www.financemagnates.com/institutional-forex/execution/bis-survey-daily-fx-volumes-jump-30-to-6-6-trillion-in-2019/ MBA forex is not trading $6.5million daily. These lies are meant to make investors believe that MBA forex could be handling a portfolio of $6.5trillion, and making them to think that if MBA forex could be handling such portfolio under management, their millions of naira is nothing to MBA forex and leading them to dumb their millions with them. Members of this forum and the investment community should join us and asked MBA forex, how far could they go in their lies and deception. Secondly, we have every reason to protect the image/name of the forex industry. We have every reason to protect the forex fund management/trading business and industry. MBA forex has every reason to prove to us and the investment community that they are actually trading forex and not running a ponzi scheme, because we know how it will affect every legitimate forex fund management/investment company in terms of marketing or so, not to talk about how it will affect investors in the scheme when it shuts down especially the late investors to the scheme and those who have chosen to compound their investment. We are currently in talks with an investor, whom we were able to meet in person. We learnt from him that he his a heavy staker as far as investment is concern. When trying to talk to him about our forex fund management services, we find it difficult to convince him to invest with us. He told us he has already lost a lot of money in forex. When we dig deeper, we learnt that he actually invested in a ponzi scheme disguised as a forex trading/investment company. He told us that his brother lost #40million to the scheme, while he lost #16million to the scheme. Though we discuss about meeting again on the need to meet us for more enlightenment. Should we talk about the damages this ponzi schemes disguised as a forex trading/investment company has caused. A bank worker/staff actually committed suicide after investing #50million in a forex ponzi scheme like that close to us, and they ran away. One chief like that, we don't how he got #100million to invest in the same forex ponzi chief had to suffer stroke as a result of the scheme closing down and running away with investors funds. We remember going to market our fund management service to one rich investor like that, when we met his boys, who first had to profile us about our mission, immediately we mention forex, those boys told us stories about the millions lost by the man, that the man will arrest and lock us up. Since what we came to discuss was legitimate and we were yet to commit any crime that will warrant our arrest, we insisted on meeting him, and we were ushered in to meet him. We had a good discussion and the man learnt a lot from us about how a legitimate forex fund management/investment company is structured. The only reason we rejected managing his funds was that we couldn't take the risk to manage his funds as he actually demanded profits/returns in the range of what those ponzi scheme was paying them before shutting down, which would have pose a high risk to his account, if we attempted that. Even innocent people were not spared, one forex trader who was actually offering a mere forex education close to his house was visited by angry investors, all its properties was destroyed as he actually ran away and luckily escaped with his life. The only thing that save the house from being burnt down was because he was a tenant. I have even heard of how people who referred investors to some of these ponzi schemes were bathed with acid. We won't be able to list the damages and the after effect of what has always happen when these ponzi schemes shuts down. We owe it to members/guest of this forum to exposed the weakness of any forex investment platform or any ponzi scheme disguised as a forex investment company. If MBA forex shuts down now, and we did not inform members of this forum about the loopholes in investing in them, but later on come out to talk about the loopholes, the same investors bashing us today, would've sing a different tune, accusing us of knowing all this and not speaking out since. Let us not be blinded by the payouts by MBA forex and look at their operation and activities holistically and ask about the security of our funds, what are the doing to generate this returns, can they prove with an audited and verified third party trading performance track record from www.myfxbook.com, or are they actually using new deposits from investors to pay us? Can they name their partner broker and the regulatory status of the broker with prove, and so on? We won't fail to acknowledge the few advise you have given us up there. We are grateful for that. God bless you. 3 Likes 1 Share
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| Re: MBA Investors Forum by slimanyd: 10:20pm On Feb 29, 2020 |
airsaylongcom: Is rollover allowed every month end instead of collecting it |
| Re: MBA Investors Forum by Nobody: 11:21pm On Feb 29, 2020 |
slimanyd: If by "month end" you mean when you receive your RoI then yes. There are however some caveats though You have 7 days after receiving your RoI for you to "top up". Minimum top up amount is ₦200,000.00 PS: Rollover is not the same as a top up. In a top up, you add more funds to your capital with us. Top up do not affect the tenor of your investment. So for example of you invest with us in January and Top Up Say in March, you investment would still end in June. A rollover on the other hand is happens at the end of your contract when you decide to start a new contract with us without withdrawing your funds/capital with us 2 Likes |
| Re: MBA Investors Forum by jahlove4jah: 11:29pm On Feb 29, 2020 |
airsaylongcom:I got from a reliable source that you can now invest with 100K and above. |
| Re: MBA Investors Forum by Nobody: 11:38pm On Feb 29, 2020 |
jahlove4jah: Your source is incorrect. The minimum investment WITH MBA is 360k |
| Re: MBA Investors Forum by Sapeleboy911(m): 11:40pm On Feb 29, 2020 |
@Fxmanager you are taking this too far. You have stated your opinion and gave reasons why you think MBA forex is a ponzi scheme . Why not end it there? You should let each individual make his or her own investment decisions. Yes MBA forex is not risk free (nothing in life in risk free). My problem with you is, you keep demanding from others what you or your company can't provide. You asked MBA forex to post their trade record on myfxbook.com. Why can't you post yours from same myfxbook.com? I can't invest my money with MBA forex because I believe that, although 15 percent monthly profit in forex trading is possible . It is not sustainable there must be ups and down. But that doesn't give me the right or whatsoever to discourage others not to invest their funds if they feel they can handle the risks involve. Let those that want to invest do that in peace. No need spreading hate message about MBA forex okay? |
| Re: MBA Investors Forum by Iwanttoto: 11:42pm On Feb 29, 2020 |
Sapeleboy911: I hope the little kid can listen to this advice and be guided going forward. |
| Re: MBA Investors Forum by sunylop: 12:22am On Mar 01, 2020 |
| Re: MBA Investors Forum by sunylop: 12:24am On Mar 01, 2020 |
Fx manager Pls open and read this... I personally watch the event.. sunylop: |
| Re: MBA Investors Forum by jahlove4jah: 6:35am On Mar 01, 2020 |
smiles. If you are an investor, call your account officer and ask him/her this question and come back to post your findings. airsaylongcom: |
| Re: MBA Investors Forum by Nobody: 7:37am On Mar 01, 2020 |
jahlove4jah: Smiles back. I am not an investor. I am an employee. A departmental head at on of our 13 nationwide branches. I tell you for free that we do not have any investment product starting at 100k. Thank you for your inquiry though And happy new month to everyone. Including those that malign us in an attempt to promote their business. 4 Likes |
| Re: MBA Investors Forum by jahlove4jah: 8:16am On Mar 01, 2020 |
It simply means that some of your employers are not telling us the exact info. I called my account officer to ask about this question and she told me there is an investment plan for those with 100k. al the same thanks for clearing the air on that. airsaylongcom: |
| Re: MBA Investors Forum by IammrB: 8:17am On Mar 01, 2020 |
airsaylongcom: No need to help him, just say THE SCAMMER, everyone will know you are talking about Fxmanager. The scammer without an office. I pity those guys he scammed back then, but I will not pity anyone he scammed again because they can see how many times he's been named as a scammer. The reason he's not yet captured again is because he didn't have a office address. He perfected that. But still, we won't relent. Fxmanager, you will one day be behind bars. 1 Like |
| Re: MBA Investors Forum by 0ubenji(m): 11:05am On Mar 01, 2020 |
sunylop:i await the manoeuvre Fxmanager plans for this piece. I intended doin business with him, but a supposedly credible businessman won't ask to be privately contacted by potential clients to divulge official information; yet he's online to garner clients. The moment any1 tells me(in a public forum) to contact them privately for info on a business they openly talk about. I lost interest instantly. You can't ask a firm in a public forum for details, only for them to request for a tete-a-tete to attend to enquiries. Why advertise publicly and give coded info? This is highly unethical. 1 Like |
| Re: MBA Investors Forum by Iwanttoto: 11:10am On Mar 01, 2020 |
0ubenji: So after all the warnings dem give una about Fxmanager on how he is a thief and how him done scam people, U were still planning to do business with am? Sometimes I no dey pity people wey dey fall mugu because if u check their brain size, it small pass the size of egg. God forbid. |
| Re: MBA Investors Forum by Fxmanager(m): 11:16am On Mar 01, 2020 |
sunylop:What does the chairman of the anti-corruption and monitoring unit knows about a secured forex fund management/investment structure. All what this people need is to be educated in this field and from the right source like us, and not for them to endorse what the don't know anything about, after being misinformed by MBA forex. This is not the first time a big public figure has endorse a fraudulent scheme. In fact it is always part of the marketing plans of any company to get an influential public figure to grace your events to endorse them. If the big public figure is misinformed, won't you do your own due diligence before committing your funds to such scheme? And if you later on got enlightened like we are doing here, will you still commit your funds to such a scheme because it was endorsed by the chairman anti-corruption and monitoring unit? If you are scammed/defrauded today, do you think that you will get your money from the chairman anti-corruption and monitoring unit because it was endorsed by him? The chairman anti-corruption and monitoring unit has mess up in this, by lending his name to this ponzi scheme disguised as a legitimate forex investment, and it will back fire big time on him, his reputation, etc and even the federal government will be blamed for it, should Nigerians be scammed/defrauded. Somebody close to him should call his attention to this ASAP. And even the punch news paper will also be in the same mess, should Nigerians be scammed/defrauded tomorrow. Their attention should be called to this ASAP. |
| Re: MBA Investors Forum by 0ubenji(m): 11:19am On Mar 01, 2020 |
IammrB:I'm neither for, nor against your scam claims, as I've noticed the series of exchange btw him and lots of ppl on here. If he's however sure that he's never scammed any1, ever! I see no reason he should hesitate to avail the forum with details(no matter how minute) that will lead potential investors to him and/or his firm. A phone number, an improvised office address or whatever. How would he advise the public against investing with a firm with physical office addresses in favour of his; with no trace of physical presence, aside asking for a tete-a-tete in response to openly asked questions. Really beats me. This thread's debates are very unintuitive.. waste of productive time. It's mind-boggling still why y'all would continue to engage in this useless, thought-provoking debate. 1 Like |
| Re: MBA Investors Forum by Fxmanager(m): 11:56am On Mar 01, 2020 |
0ubenji:With due respect, we informed you about our plans to have an office soon, and we promised to meet you in person when you are ready to meet us, giving directions of how you will meet us in a public and open place. Maybe we might look at the prospect of temporarily sharing an office space with another business, but that was never our plans from the beginning. That will help us be able to put up publicly on our website an address you can meet us. Regarding our number, in our profile signature is our phone/whatsapp number. Or you check our signature below our post for our phone/whatsapp number. It has always been there since we created our Nairaland profile. |
| Re: MBA Investors Forum by Iwanttoto: 12:09pm On Mar 01, 2020 |
Fxmanager: U can't even afford office space, U r even thinking of sharing office as a squatter and yet u r comparing your self to MBA? Oga, you must be mad and I assure u that I will get u arrested b4 the end of 2nd quarter of this year. Trust me on that. 9 Likes 1 Share |
| Re: MBA Investors Forum by IammrB: 1:01pm On Mar 01, 2020 |
0ubenji: You're correct boss. It's better I let him be. |
| Re: MBA Investors Forum by Fxmanager(m): 3:57pm On Mar 01, 2020 |
Iwanttoto:Who told you we can't afford an office space? There is a difference between having an office in the heart of the city that will be conducive for investors, and where they can feel save, coming to meet you, and just having an office space in any place. We know the caliber of investors we are expecting to come and meet us for investment and this investors should feel save coming to meet us. We are talking about getting an office space in a secured located that will not pose any risk to the investor. You accused us of scamming you. We asked you to tell your story here With all the evidence that you have against us in whatever form, and you have refused. Telling your story how we scam you, while posting all the evidences that you have against us in an online/internet forum like this, and arresting us privately, which one will do the most damage to our business/reputation? You can as well do both. But first of all tell your story, how we scammed you with evidences here, before seeing how you can get us arrested. But let us warn you on your mission of spreading all this falsed allegations on us. You will reap the repercussions in a way that you will regret ever doing it. We are warning you because the experiences of the people who have done the same thing to us offline. Karma has always been a bitch. We want to warn you, before you start what you will not be able to finish, you should first go through the link below https://www.nairaland.com/5169158/does-investing-mba-forex-real/26#86430602 |
| Re: MBA Investors Forum by ogawisdom(m): 4:10pm On Mar 01, 2020 |
airsaylongcom: You are wrong minimum investment is 100k and minimum top up is 100k. 360k n 200k is their standard not minimum Cc jahlove4jah |
| Re: MBA Investors Forum by Nobody: 4:16pm On Mar 01, 2020 |
ogawisdom: Are you an employee? |
| Re: MBA Investors Forum by Ethan007: 4:27pm On Mar 01, 2020 |
airsaylongcom:I am starting to doubt if you’re truly an employee of MBA as you’ve claimed. Officially, #360k/$1k is their minimum investment, but they accept minimum 100k too(Waterlines, PH Branch). 1 Like 1 Share |
| Re: MBA Investors Forum by ogawisdom(m): 4:34pm On Mar 01, 2020 |
airsaylongcom: It's hard to believe you are either an investor or an employee since u DNT know basic information about mba forex. Minimum investment is 100k, minimum top up is 100k Standard investment is 360k standard top up is 200k |
| Re: MBA Investors Forum by 0ubenji(m): 5:33pm On Mar 01, 2020 |
Both camps are correct on the issue of minimum investment. MBA is the real problem here, they av never been firm on their position as per min. investment figure. Lagos offices insists on 360k, Enugu and PH are willing to compromise. Airsaylongcon simply relayed the terms of the lagos offices(which is as far as he knows) to the forum. Another cause for concern, wherein there's no verified info from the admin. |
| Re: MBA Investors Forum by jahlove4jah: 9:45pm On Mar 01, 2020 |
Thanks for this info. I was confused. My acxount officer in PH branch personally told me on phone that they accept 100k investors. ogawisdom: |
| Re: MBA Investors Forum by Manutd19: 6:55am On Mar 02, 2020 |
People should apply wisdom when investing in all these ponzi schemes. You all know their end game. The fact they are paying now doesn't mean it won't happen, so be WISE. Yes, I see mbaforex as a Ponzi Scheme. My Opinion! 3 Likes |
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