Stats: 3,184,233 members, 7,923,174 topics. Date: Friday, 16 August 2024 at 07:43 PM |
Nairaland Forum / Nairaland / General / Investment / Why Are Nigerians Still Investing In MBA Forex, BARA And Others? (111144 Views)
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Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by buoman: 4:05pm On Oct 27, 2020 |
How about crowd1? Is it also a ponzi scheme? |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by SmartPolician: 4:05pm On Oct 27, 2020 |
od501: Why should I answer this question? |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Psalmistproject: 4:06pm On Oct 27, 2020 |
fxjones: Do you believe in forex trading? If the aboki people can trade forex on the road and make money, why are you against a firm that has publicly declared they trade forex and various commodities including stocks to make profits. Google forex trade. Compare ponzi scheme. Then find out how much one can make if he is really good. 6 Likes 1 Share |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by mployer(m): 4:07pm On Oct 27, 2020 |
chriatia6: The Devil is playing ludo with your mind ![]() MMM investors said more than this. 5 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by nams77: 4:08pm On Oct 27, 2020 |
purleesh:Is forex lucrative |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Chinny024(f): 4:08pm On Oct 27, 2020 |
mployer:MBA is not a ponzi scheme!!!! 3 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by WIZGUY69(m): 4:10pm On Oct 27, 2020 |
Honestly, The person that brought this topic to FP is a very big foool. See the title like MBA & others sells human parts or deal in drugs. I know Nairaland to be like Nigeria NTA, Old & unprofessional. Never knew it has gotten to this stage. Keep wallowing in your past glory; Seun and friends. You too Op Red Oil & Gas, You must be a big fool continue. What you looking for you will see 6 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by obilokechukwu(m): 4:11pm On Oct 27, 2020 |
pussiboner:yes you said all chance of lose your capital is very low. yes i agreen with you. by know how to trade successful not with mba forex and given people money to trade for you. my dear learn how to trade forex sucessful. do not given people money to trade for you. know how to do it. investing in mba forex is like given your money to mmm |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by guru90: 4:11pm On Oct 27, 2020 |
Please.... Remove this MBA for Frontline...... Please ooooooooooooooooooooh |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Nobody: 4:12pm On Oct 27, 2020 |
I suggest you learn Forex trading yourself instead of investing in ponzi schemes. Enroll for One-on-One Forex training with Fxjo Aboki and you will be glad you did. |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by pinkyruledworld(m): 4:12pm On Oct 27, 2020 |
purleesh:Confirm |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Inteltower: 4:13pm On Oct 27, 2020 |
osarog: you spoke well sir But pardon your friend sha love your neighbor better pass money ooo I am a crypto enthusiast.. join our group to start earning 1 Like |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by utenwuson: 4:15pm On Oct 27, 2020 |
Biko.... O just invested 1m in bara....only got one month.... Make una chill abeg |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by mployer(m): 4:15pm On Oct 27, 2020 |
Chinny024: It's Ponzi dear. Forex trading is not that consistently lucrative. Big looses are incurred sometimes. 1 Like |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by blackmantis: 4:16pm On Oct 27, 2020 |
Mugus abound No matter what you say you can't change them. When you warn them they will say "Is it your money?" 3 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by buoman: 4:17pm On Oct 27, 2020 |
How about crowd1, is it also a ponzi scheme? House pls I need clarifications |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by donsufia: 4:19pm On Oct 27, 2020 |
Why is Dangote giving 27% per annum? Wont it crash as well? Have you traded forex before? ahiboilandgas: |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by mployer(m): 4:19pm On Oct 27, 2020 |
guru90: You better remove your money. The crash is imminent ![]() 4 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by kebliss(m): 4:19pm On Oct 27, 2020 |
A friend was telling me about a new one called Omega pro bla bla bla in Portharcourt |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by angeltolly(f): 4:20pm On Oct 27, 2020 |
Who knows something about quintessential investment company 1 Like |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by swoter99: 4:20pm On Oct 27, 2020 |
The poster is ignorant about the modus operandi of forex Companies.Me personally dey trade forex and I know how lucrative it is not to talk of people that pull resources together. My dear you were paid to post this 7 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by donsufia: 4:22pm On Oct 27, 2020 |
I thought so initially, but MBA have survived four years of free and smooth running emmanuelewumi: 4 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by donsufia: 4:23pm On Oct 27, 2020 |
Gooood talk bro. Let him stay there, millionaires are made every minuit as him dey talk swoter99: 1 Like |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by DAVEZONIGLTD: 4:24pm On Oct 27, 2020 |
Mba Rules 1 Like |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Karmatyra(f): 4:24pm On Oct 27, 2020 |
I want to learn forex trading,I need a genuine source for it. abeg help out 1 Like |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by jabolo(m): 4:25pm On Oct 27, 2020 |
SmartPolician: Many MBA supporters are naturally abusive and uncommonly acerbic to dissenting opinion news because they know it's a Ponzi scheme, which will crash if no new 'victims' come and join. If MBA Forex was actually investing and making the guaranteed returns, they shouldn't care what anyone says about their happy clappy world. SEC has this year already declared MBA Forex as a Ponzi Scheme ... https://sec.gov.ng/activities-of-unlawful-market-operators/ To answer the question ... SEC does not regulate the FX market just as it does not regulate leather trading as as example. But, if I am collecting investments from the general public to participate in the leather trading market, I must register with the SEC to ensure: - I am actually investing in the leather market, not groundnut - I publish my accounts and trading statements showing how where guaranteed returns are paid from - Client accounts are separate from my own personal account and I can't dip into them at will - I am open to periodic audits to make sure I keep within these rules and, oh ... - I pay my taxes. None of this with MBA Forex. To their investors, it is a 'black box' , based on blind faith (or Greed!). They hope or believe one guy, in one room in Portharcout, is making returns far in excess of the most sophisticated currency hedge funds. And, he is magnanimous enough to invite them in to benefit, as long as they give him their money. Make that man the President already, lol 4 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by obilokechukwu(m): 4:26pm On Oct 27, 2020 |
Psalmistproject:a firm can not come on air and said i am trading forex, invest your money on forex. forex is high risk business. that need your money and time to known. items of knownledge and education must special skill that lead to edge. try to use that money you want and intend given it mba forex use it to educate yourself on forex trade. learn to do it on forex. stop investing on mba forex and given people money to invest for you is very risk more than forex. |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by bigiyaro(m): 4:27pm On Oct 27, 2020 |
legacystore:oboy!! which one is "professional ponzi investor" shey na career or na portfolio management? |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by tope777(m): 4:27pm On Oct 27, 2020 |
-I invested in 2008 Multiple bank share and lost more than 2m. -Some later invested in MMM, some gain and some loss. -Some invested their money in shops and warehouses and lost their money during #Endsars protest. My conclusion is, stop drinking Panadol for another person's headache. No business is there without risk. No Risk, No Gain. Mba for life...... 6 Likes |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Samcathe: 4:29pm On Oct 27, 2020 |
I have known about MBA for over a year and never invested a dime up till now. I know someone who have been cashing out over 750k since then. If he had used the money to start a business, there's no guarantee that it will be successful. As a matter of fact, statistics shows that 95% of business fail after 5 years. I'm very sure the OP did not bring up this topic to warn innocent Nigerians. He only did it out of selfish interest. Either he's not happy that the system is still paying up till now or he have no money to invest. Life is all about risk. Nothing is guaranteed in this life. This #Endsars program have taught so many of us lessons. Many shops were burnt, so many people will loose their jobs. Don't put all your eggs in one basket. Whatever people use their money to do should not be your own problem. 18 Likes 3 Shares |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Nobody: 4:31pm On Oct 27, 2020 |
Beware of scammers |
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by BRMN: 4:32pm On Oct 27, 2020 |
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