Femi Oyeniyi is on Facebook. Join Facebook to connect with Femi Oyeniyi and others you may know. Facebook gives people the power to share and makes the Forex trading is a huge market. Trillions are traded in foreign exchange on a daily basis. Whether you are an experienced trader or an absolute beginner to online forex trading, finding the best forex broker and a profitable forex day trading strategy or system is complex. So learn the fundamentals before choosing the best path for you.. With this introduction, you will learn the general forex My name is Kei (pronounced just as a letter “K”) and I am an individual forex trader as well as a mentor in Tokyo, Japan. I was born in Japan and went abroad after high school to the U.S and studied Psychology at UCLA. My profession has been into quite a wide variety
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The dream of at least 3, people to make easy cash through forex trading has become a nightmare after they were defrauded of their money estimated at N2bn. We learnt that the victims deposited money in a binary options company, BTD Multi-Global Company.
The company, established inreportedly promised 20 per cent returns per month on every deposit, and was good to its promise for two years. However, inthe company was alleged to have stopped withdrawals from accounts by depositors. Our correspondent gathered that after widespread complaints, the company in June called for a meeting of investors at its office in Ile Ife, Osun State, and sought a six-month forex trading femi oyeniyi before any withdrawal.
Within the period, our correspondent was told that the company emptied all accounts and shut its office, while the founder and President of the organisation, Bowofade Adewuyi, a year-old dropout of the Obafemi Awolowo University, fled. His year-old brother, forex trading femi oyeniyi, Adedotun, who was said to be the Vice President of the firm, was, however, arrested by the Economic and Financial Crimes Commission. One of the victims, forex trading femi oyeniyi, Pastor Olubunmi Adeleke, lamented that the money of his family members was rapped in the scheme, claiming that a woman he introduced to the firm, Alhaja Laide Aminu, had died from hypertension.
He said the company was into forex trading. When we sent money to them, they acknowledged with email, forex trading femi oyeniyi. That was before the founder, Bowofade, absconded with our money. We used to roll over our profits. Sometimes you can deposit N, When the money increases to, say N, you can leave it for another month to get 20 per cent of that sum.
He added that the market was low and we should give him six-month grace period. He said within that time, nobody should withdraw money. We believed him until he ran away. A woman I introduced to the scheme recently passed on after she developed hypertension.
In my own case, forex trading femi oyeniyi, my wife, forex trading femi oyeniyi and two of my children lost money. Another victim, who asked not to be identified, said while he lost his N3. The Ilesha, Osun State retiree said one of his children, who had benefitted from the firm, introduced the scheme to him. I thought I could use the profit to go into farming and other investments. A businessman, who identified himself only as Tobi, said he deposited N1m into the company in I saw their adverts on billboards and posters and that was how I got enticed, forex trading femi oyeniyi.
Part of the money belonged to my mum; it was her life saving. She was about to retire when she gave me the money and we thought we could use the returns to build our own house after living in a rented apartment for years. Another victim, Chinyere Odemenam, said she invested N1. I took part of his money to invest in the company with the hope that I could make some money for myself before starting the project.
I also invested my money. Our correspondent learnt that about of the victims formed a group and contacted a lawyer, Peniela Akintujoye of Critas Law and Partner, who wrote a petition to the EFCC, Independent and Corrupt Practices and allied matters Commission and the police division of the Security and Exchange Commission.
A copy of forex trading femi oyeniyi letter to the EFCC zonal office at Ibadan, forex trading femi oyeniyi, Oyo State, dated December 17,stated that the company lied that it had a comprehensive insurance and was a registered financial institution.
Bowofade and his fictitious company on the other hand, forex trading femi oyeniyi, though having no licence to run a deposit-collecting financial institution, illegally accepted deposits from over 8, members of the public in excess of N2bn, contrary to Section 29 1 and punishable under Section 2 1 of the Bank and other Financial Institutions Act Cap.
Akintujoye, who later spoke to PUNCH Metro, said the company claimed that many of the investors had closed their accounts and only 3, people were left.
When the company started, the managers were kept from the public. Not many knew it was a young boy who was in charge, so they pumped a lot of money into it. We have those forex trading femi oyeniyi put N20m and even N50m in this scheme and forex trading femi oyeniyi have yet to collect a dime. Adedotun, who was said to be on bail, however, said the company still hoped to pay back the depositors.
The vision of my brother was to create a stable financial future for Nigerians. The company invested in futures and option schemes. When he does financial trading, he calculates the returns and delivers back to investors. Things were running smoothly and we had terms and conditions, forex trading femi oyeniyi. We advised clients that although things were good now, the scheme had its risks. As of then, my brother still tried to recoup the funds and even got some people to assist him in trading.
In April to Junethe company experienced a serious depletion of funds, forex trading femi oyeniyi. We told them that we would go on a six-month recovery period, which ought to terminate in December However, during this period, we experienced more losses. At the end of the period, it was still difficult to pay people. We had several meetings to explain things to them. After people had been asked to make their choices, we were advised to vacate our office at Ede road, Ile-Ife, for a week.
The following day, some clients came to the new place, broke the windows into the building and set it on fire. My brother and I with 12 other workers escaped death by a whisker. That was how Bowofade decided to leave town because if anything should happen to him, the funds would be lost.
His life is important. The only way for us to get the money back is for us to keep working. He said he had yet to hear from his brother since the fire incident and he did not know his whereabouts.
A spokesperson for the EFCC, Ibadan zonal office, Meekness Ogeh, confirmed the incident, adding that investigation was ongoing. Nigerians are so easy to scam. How can you entrust your savings into the care of these babies. Most Nigerians will never learn after MMM…. And life in general is not fair. Banks stringent rules are too much, so when I hear people pledged millions on forex trading femi oyeniyi like this: I will say Lord connect me to these ones for better partnership.
Nigerians will never learn. Sometimes I am embarrassed for Nigerians and the way they fall for forex trading femi oyeniyi things so cheaply and to think the victims are not illiterates makes it more appalling. Some Nigerians are fools.
How can you put all your eggs in one basket… For them to have made billions tru dis platform, it shows they are smart marketers… after reading all d stories, my conclusion is as a forex investors dont expect to rise all the time, prepare for the downfall time, but i believe when u keep trading u might rise again. But Nigerians should be wise enough not to put all their eggs in one basket. Your email address will not be published. The National Drug Law Enforcement Agency, NDLEA operatives today arrested one Mr.
Okey Eze, a Nigerian, Fulani Herdsmen Kidnap 8 Months Pregnant Woman, 2 Others In Abeokuta Ogun State, Demand N30M Some Female Fraudster Who Specialises In Forex trading femi oyeniyi People With Fake Credit Alert Finally Arrested In Kano Meet Boko Haram Appoints Deputy Leader Months After Shekau Commits Suicide In Sambisa Forest The Boko Haram Man Arrested For Sexually Assaulting Step Daughter At Sokori Abeokuta Ogun state The Ogun State Police Couple Kidnapped In Ilasa Ekiti Few Weeks To Wedding A young couple were kidnapped yesterday afternoon Several armed bandits fleeing the ongoing military operation in Zamfara and Katsina States last Friday afternoon Armed Terrorists Attack Nigerian Military Base In Zamfara, Kill 12 Officers Not less than 12 military HOME ALL UPDATES NATURAL BEAUTY PRODUCTS DIY PROJECTS IDEAS HEALTH ROMANCE TRAVEL INFO DESK COLUMNS Gbenga Adebambo Tony Ogunlowo The Cerebrum TRUE STORIES David Oyedepo Dr Joel Akande Temilolu Okeowo Lanre Amodu Moses Emorinken Faith Oyedepo Femi Aribasala Henry Adelegan Olabode Lucas Mike Okonkwo Kate Halim PRIVACY CONTACT.
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BTD Better Days Ahead Investments Ile Ife Hedge Fund Scam OAU Dropout Turned Nigerian Forex Billionaire Bowofade Adewuyi Wanted For Duping Investors Of N2Billion, Younger Brother Adejuwon Adewuyi Arrested By Samson Folarin, Punch Metro The dream of at least 3, people to make easy cash through forex trading has become a nightmare after they were defrauded of their money estimated at N2bn. Continue Reading, forex trading femi oyeniyi.
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How I Made £1150 Profit - Long Term Forex Trading Strategy - Profit Makers
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My name is Kei (pronounced just as a letter “K”) and I am an individual forex trader as well as a mentor in Tokyo, Japan. I was born in Japan and went abroad after high school to the U.S and studied Psychology at UCLA. My profession has been into quite a wide variety 18/02/ · Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another for a variety of reasons, usually for commerce, trading, or tourism Forex trading is a huge market. Trillions are traded in foreign exchange on a daily basis. Whether you are an experienced trader or an absolute beginner to online forex trading, finding the best forex broker and a profitable forex day trading strategy or system is complex. So learn the fundamentals before choosing the best path for you.. With this introduction, you will learn the general forex
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