ahiboilandgas:
When will Nigerians learn that these are pyramid schemes that will collapse and new investment that is used to pay old investor untill it collapses.....

Nigerians lost 30bn in MMM and other unknown schemes ...

There is no free money anywhere, even Dangote with his big factory is doing 27 percent per annum. Then someone will tell you he will give you 170 percent per annum?

Reazest:
Nigerians are greedy in nature, the reason they will keep falling victims of Ponzi schemes. I give 3% Return On Investment every month, but people don't want to invest with me. They say my 3% is too small, thereby taking the money to Ponzi schemers.

ahiboilandgas:
I taught the huge pains caused by MMM will have made them worry about such investment scheme but am wrong the Nation is greed driven

purleesh:


Actually, seasoned disciplined traders can make way much more than the 10/15% returns these firms pay out monthly.
Unlike the stocks we can't short here, one can trade either way in FOREX so 50% tanking could be 50% profit for who is trading that direction.

Point is no one is looking at these organizations books though to know if they are actually doing what they claim to be doing let alone regulating their businesses and that is just about the major fear in investing there.

Good businesses do turn rogue even in the face of max regulatory searchlights beamed on them not to talk of these ones that are freewheeling.

As they always advise in these kinda things, if your longathroat cannot be reined in, invest what you can afford to lose cos harmattan and rainstorm fit come together.

ahiboilandgas:
why would i the promoters supposed to be investigated/imprison for runing a ponzi scheme ...and defrauding Nigerians ....why will i meet a scamish firm rep ? Even dangote is doing 27 r.o.i per anum , zenith bank 30, nestle 23 ....una chere,chambia firm wan do 180 percent....

paix:
What did you teach?

Reazest:
Nigerians are greedy in nature, the reason they will keep falling victims of Ponzi schemes. I give 3% Return On Investment every month, but people don't want to invest with me. They say my 3% is too small, thereby taking the money to Ponzi schemers.

Cryptofxt10:
Greed is the cause...

Settle down and learn forex trading yourself instead of dashing your hopes in fictional hands.

We train forex monsters from beginner stage to elite stages with real life market experience.

Cryptofxt10:
Greed is the cause...

Settle down and learn forex trading yourself instead of dashing your hopes in fictional hands.

We train forex monsters from beginner stage to elite stages with real life market experience.

Macelliot:
As a new investor in MBA. After reading through all the comments here. I can only say, some might get terrified because of the comments they read here, but to me, my confidence only grew..
The most greediest Nigerians are Dangote, Otedola, Elumelu, Adenuga and all the richest men.

A coward dies many times, but the death of the brave man is only but once...

Many gain confidence in praises, but only few gain confidence in criticisms.
Thanks all for strengthening my confidence...

SmartPolician:


Defreauding Nigerians?

For a company that still works today?

I won't reply you again because you don't have sense

Bye

fxjones:
We will stop them, let keep this thread active, frontpage mod

DUNKA:
Bara,bara,bara how many times did I call your name big big SEC trouble ahead. Take heed and withdraw if you can the S**t is about to hit the ceiling

Chinny024:
God should protect it for us ooooo!!!!

od501:


Just curious bro, how long have they stayed?

Wickedtruths:


Read this thread and the comments in it.

https://www.nairaland.com/3344728/nigerians-ignore-secs-warning-mmm