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By Raheem Akingbolu
MBA Trading and Capital Investment Limited, a forex training and capital investment company, has reiterated its commitment to pay back investors’ capital fund after its inability to meet up with the expected investment revenue base due to market volatility among other challenges. Investors have been calling for payment of their capital fund across social media platforms and news platforms. An online news platform reported that investors alleged that major stakeholders in the company committed fraud.
But in a statement, the Chief Executive Officer of MBA Trading, Maxwell Odum, assured investors that they would get the refund of their capital funds as the process had already commenced while some had already received their funds. It also maintained that it did not engage in another notorious Ponzi scheme and its major stakeholders never committed any fraud.
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Investors will get refunds soon, says MBA
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By Ebunoluwa Sessou
As part of efforts to maintain customer relations, MBA Trading and Capital Investment Limited, a forex training and capital investment company, has reiterated commitment to pay back investors’ capital fund after its inability to meet up with the expected investment revenue base due to market volatility among other challenges.
Recall that investors have been calling for payment of their capital fund across social media platforms and news platforms.
In a statement signed by company’s CEO, Maxwell Odum, the company assures investors of getting the refunds of their capital funds saying efforts are in place to commence payment even as some investors have already received their funds.
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Dennis Naku, Port Harcourt
Hundreds of investors of the MBA Trading and Capital Investment Limited who stormed the firm’s Port Harcourt office with the hope of receiving their payments were disappointed after meeting a closed gate on Tuesday.
Chairman of the forex firm, Maxwell Odum, had in a short message sent to its investors when it closed in December 2020 said the firm would resume for business on January 5, 2021 and assured them of their payments.
However, hundreds of anxious investors who had hung on the assurance and stormed the premises of the company on Tuesday were shocked when they saw the entrance of the forex company still under lock and key.
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Dennis Naku, Port Harcourt
The fate of over three thousand investors of a trading company known as MBA Forex in Port Harcourt, Rivers State is hanging in the balance over alleged collapse of the firm.
Many investors decried the firm’s failure to fulfil its agreement of paying them their monthly dividends that depend on individual investment for October, November and December.
Our correspondent who visited the company’s imposing office located at Waterlines bus stop, Aba Road observed that the gate was closed, with no sign of activity going on there.
A lady who was the only person seen seated inside the company’s compound told our correspondent that the place had been closed since Monday.