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Nairaland Forum / Nairaland / General / Investment / MBA Forex Unable To Pay Investors In December (67850 Views)
Why Are Nigerians Still Investing In MBA Forex, BARA And Others? / MBA Forex (please I Need Better Explanation) / MBA Forex Changes Maturity (2) (3) (4)
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Re: MBA Forex Unable To Pay Investors In December by afroxyz: 10:55am On Dec 24, 2020 |
addexx: What are you saying? People are takung money from banks to put in MBA forex. Is it not to MBA's bank account that the money would be deposited. Or does MBA have its own fiat that they issue? Even when they are trading forex, wont they need money domicilled in accounts to buy and sell currencies. You guys should stop this trash. Not everyone is stupid. 15 Likes |
Re: MBA Forex Unable To Pay Investors In December by Angelfrost(m): 10:55am On Dec 24, 2020 |
MyGeneration: The banks need to step up their interest on savings... They can't have their cakes and eat them. 1 Like 2 Shares |
Re: MBA Forex Unable To Pay Investors In December by emmaak2(m): 10:58am On Dec 24, 2020 |
OKAY |
Re: MBA Forex Unable To Pay Investors In December by RealEzee(m): 10:58am On Dec 24, 2020 |
SirBunky85:why can't u give up 30% kwa, why do u peeps keep making this weak argument, isn't it personal discretion to share a certain percentage on ROI, even 2% ROI dey fail too, there is no biggies about the ROI,conventional banks make tons but give a tinny fraction to its customers yet foul play isn't spotted there cos it's the norm, or do you want to say the banks don't make tons and also lose too in their trades with customers money? MBA has been paying its customers steady and lots of them have been benefitting prior to this temporal glitch, yeah I call it temporal till we see what happens next, mind you perception equally can make or ruin a business regardless of authenticity. 2 Likes |
Re: MBA Forex Unable To Pay Investors In December by MyGeneration(m): 11:00am On Dec 24, 2020 |
Angelfrost:Banks caused it, some months ago I said lemme invest in banks I put #1.5m into uba fixed deposit account after 30days they gave me #500 as interest rate... Imagine #500. Now compare it with mba where I could have gotten over 200k in same 30days 1 Like |
Re: MBA Forex Unable To Pay Investors In December by MyGeneration(m): 11:01am On Dec 24, 2020 |
RealEzee:If mba forex crashes it's not because they couldn't pay but panic causes by fake news which made core investors withdraw their funds thereby crashing the business 1 Like |
Re: MBA Forex Unable To Pay Investors In December by general111(m): 11:01am On Dec 24, 2020 |
MyGeneration:what MBA wants to do now is to sell the company to a company abroad, then they will ask all their clients to get a bitcoin account. From next year MBA will start paying their clients in bitcoin..so those who think forex is ponzi are only ignorant.. MBA has not crashed, they are only restrategising. Funny enough, i didnt invest any money with them, i only have inside sources there. 3 Likes |
Re: MBA Forex Unable To Pay Investors In December by safetyboot: 11:02am On Dec 24, 2020 |
Mozegee: Show your proof if you are not telling lies ![]() |
Re: MBA Forex Unable To Pay Investors In December by afroxyz: 11:03am On Dec 24, 2020 |
MyGeneration: Be deceiving yourself. Does MBA not operate accounts with Niherian banks? Or does MBA have a vault that they store money hence affecting the circulation of naira notes? Even when they trade how do they source for currencies and do trades? Wouldnt banks be intemediaries for the financial transaction. Did you even think it through before making this statement? 2 Likes |
Re: MBA Forex Unable To Pay Investors In December by 0taPiaPia(m): 11:04am On Dec 24, 2020 |
ismail64: They ain't coming back... It's Au revoir ![]() If people didn't learn after the mmm & gethelp frenzy then people will never learn. For me... No ponzy scheme can ever get me again ![]() 2 Likes |
Re: MBA Forex Unable To Pay Investors In December by MyGeneration(m): 11:04am On Dec 24, 2020 |
afroxyz:Imagine e have 10banks where 100 Nigerians bank. And we have 2 forex companies. And the 2 forex companies banks with only 3banks. 80Nigerians remove their funds and from the 10banks and put it in forex companies account, that means only 3banks are indirectly receiving funds leaving the other 7to suffer. What do u think will happen as time goes on? 1 Like |
Re: MBA Forex Unable To Pay Investors In December by RealEzee(m): 11:04am On Dec 24, 2020 |
afroxyz:conventional banks host MBA money for MBA to use not them using the money they host for MBA, obviously they can't trade with MBA money domiciled with them cos MBA sef dey use the money promptu, nothing for conventional bank to use play around, realise tons of profits and give customers tiny fractions at the end, they will make tiny fractions from MBA that domicile its accounts with them gbayi plus service fees from when MBA sends its customers ROI, no money to play with, huge traction to MBA and the likes is a disadvantage to conventional banking, conventional banks will have to make their interest rate more attractive to its customers abi how u think banks they make money from customers if not doing trades with their money 1 Like |
Re: MBA Forex Unable To Pay Investors In December by Nicoddemus(m): 11:07am On Dec 24, 2020 |
addexx: You're just speaking plenty grammar ![]() ![]() |
Re: MBA Forex Unable To Pay Investors In December by afroxyz: 11:08am On Dec 24, 2020 |
general111: Even if what you said is true (which i dont believe but for the sake of argument), then thus is fraud. You cant just change the asset class of your investment or take a unilateral investment decision without informing your clients. Or have you nor heard of full disclosure. MBA would take money for forex, a diffrent asset class with its own peculiar risks and unilaterally change to bitcoin, another asset class with its own risk without doing due diligence or informing people. No finance institution can do that without being clamped down. This alone should tell you the organization is a fraud. 1 Like |
Re: MBA Forex Unable To Pay Investors In December by general111(m): 11:08am On Dec 24, 2020 |
Taeewo:guy go online and make your research on how the banks make their money aand how the forex mrket work and stop displaying ignorance. |
Re: MBA Forex Unable To Pay Investors In December by Advision: 11:09am On Dec 24, 2020 |
Juoflife1: You better save your transport fare and move on. We've been warning people in the investment section about mba for over 6 minths now 1 Like |
Re: MBA Forex Unable To Pay Investors In December by MyGeneration(m): 11:11am On Dec 24, 2020 |
Juoflife1:U didn't receive the memo they have closed for d Christmas |
Re: MBA Forex Unable To Pay Investors In December by kintus(m): 11:12am On Dec 24, 2020 |
Re: MBA Forex Unable To Pay Investors In December by general111(m): 11:12am On Dec 24, 2020 |
afroxyz:what i expected MBA trading to do is to come out plain and tell the public what the government is trying to do to them in order not to create panic.that being said, MBA is not a fraudulent organisation.. Just wait and see what will happen next year. 2 Likes |
Re: MBA Forex Unable To Pay Investors In December by oshie(m): 11:12am On Dec 24, 2020 |
From the comfort of my house I trade FOREX. Fx is no ponzi. Do your checks before giving your hard ward cash out. 1 Like
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Re: MBA Forex Unable To Pay Investors In December by general111(m): 11:13am On Dec 24, 2020 |
RealEzee:thanks for explaining this sir..i don tire to talk |
Re: MBA Forex Unable To Pay Investors In December by emmanuelewumi(m): 11:15am On Dec 24, 2020 |
MyGeneration: More reason why it is a Ponzi. If it crashes they should be able to pay all the investors and the company can trade with the available capital or better still should get a loan from the banks. A Ponzi uses the money of new investors to pay existing investors 4 Likes |
Re: MBA Forex Unable To Pay Investors In December by afroxyz: 11:16am On Dec 24, 2020 |
RealEzee: Lol. Speak no further. You dont know what you are saying. How much does MBA have that banks can't handle? What is the capitalization of MBA compared to even ordinary Binance, talk less of banks? So u think your money in your savings account the bank is not generating interest on it? If MBA pays its subscribers, do you know how much banks would make in transaction fees alone? You guys are really gullible. 9 Likes |
Re: MBA Forex Unable To Pay Investors In December by MSA0173(m): 11:18am On Dec 24, 2020 |
Gosj001:i dey intrested jhor |
Re: MBA Forex Unable To Pay Investors In December by afroxyz: 11:19am On Dec 24, 2020 |
MyGeneration: This is why it is a ponzi. How can investors withdraw money and it would crash? So where are the proceeds from their forex trading. Have u heard of any credible PFAs, hedge funds or investment houses crash because investors pull out funds? 4 Likes |
Re: MBA Forex Unable To Pay Investors In December by Nicoddemus(m): 11:21am On Dec 24, 2020 |
MyGeneration: Did I hear you say the word "collapsing" so it can collapse? It's a ponzy scheme ![]() 1 Like |
Re: MBA Forex Unable To Pay Investors In December by Cutehector(m): 11:24am On Dec 24, 2020 |
Even my father in heaven knows that anything forex, I no dey chook my hand 1 Like |
Re: MBA Forex Unable To Pay Investors In December by Ayandokun2000: 11:24am On Dec 24, 2020 |
MyGeneration: Bros! How much did MBAforex pay u for ass licking them since morning ![]() I'm suspecting you're MAXWELL ![]() 5 Likes |
Re: MBA Forex Unable To Pay Investors In December by afroxyz: 11:24am On Dec 24, 2020 |
general111: Stop blaming givernment and banks. MBA has not come out because they dont have anything to say. You say you are trading forex so where are the proceeds from your trades. Have you guys even asked for a quarterly report from MBA? Has MBA relased any financial report or guidance like a responsble financial institution would do? Even if you buy shares, you are entitled to periodic financial reports from the company. These are questions you guys should have asked but were carried away with an utopic profit 5 Likes |
Re: MBA Forex Unable To Pay Investors In December by wink2015(m): 11:27am On Dec 24, 2020 |
PONZI don come again NA WA OH ! 1 Like |
Re: MBA Forex Unable To Pay Investors In December by Taeewo(m): 11:27am On Dec 24, 2020 |
MyGeneration:How many percentage of people doing MBA forex scam? May be 70%? And they will make the banks liquidate...Is like Dangote,Otedola and co too having their money in MBA forex...Our generation are truly cursed ![]() 2 Likes |
Re: MBA Forex Unable To Pay Investors In December by m140(m): 11:28am On Dec 24, 2020 |
grossintel:Lolzzzz |
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