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VIPortal, ponzi company
Rank: Veteran Joined: 4/1/2009 Posts: 1,885
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Ash Ock wrote:Othelo wrote:Guys never learn that these are con games. Indeed. Family Bank and Barclays have refused to process the SWIFT transfers to these conmen yet people are still lining up to send their money to them. Interesting discussions on which banks to use to lose send their money overseas going on in their FB page. https://www.facebook.com...Traders/556647417763191
once they lose money they will shout for government help. at times it seems people just love misery. 
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Rank: Elder Joined: 7/20/2007 Posts: 4,432
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mkenyan wrote:Ash Ock wrote:Othelo wrote:Guys never learn that these are con games. Indeed. Family Bank and Barclays have refused to process the SWIFT transfers to these conmen yet people are still lining up to send their money to them. Interesting discussions on which banks to use to lose send their money overseas going on in their FB page. https://www.facebook.com...Traders/556647417763191
once they lose money they will shout for government help. at times it seems people just love misery. Yes indeed. Naomba serekali my foot. Where's the rink to their accounts shut down. @Caramba, wewe ndiye ulianza hii rumor. I can see they are avoiding queries on that issue on their page. Man my 100% record is going to be in tatters. i predicted Detheba. Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
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Rank: Elder Joined: 7/20/2007 Posts: 4,432
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@stockhunter, ulitoa pesa yako? Can confirm that trying to transact at Family Bank will not happen. Family Bank will advise you to go to VIp offices. Hii imeisha mapema sana. nkt! Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
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Rank: Member Joined: 8/27/2010 Posts: 495 Location: Nairobi
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alma wrote:@stockhunter, ulitoa pesa yako?
Can confirm that trying to transact at Family Bank will not happen. Family Bank will advise you to go to VIp offices.
Hii imeisha mapema sana. nkt! The fat man hasn't sung yet. VIPortal are not going down easy: Quote:There is a lot of propaganda going around and all that information is not true. We made an official communication to the bank last week that since we were going international (to accommodate people in diaspora) and unifying the whole investment process, that we would no longer wish to take deposits locally. We therefore advised them to not accept local deposits. Little did we know that this would be turned around by the same banks stating that our accounts had been closed. This is just hearsay and has no basis. Rest assured that we are still in business. The issue came because the local banks had to loose their monopoly business to GTS and therefore a huge number of dormant accounts. If the VIPortal accounts had been frozen, then how would we continue paying our existing clientele? Just a food for thought. Have faith. VIPortal is a divine project and we shall be around until the whole of Africa is awakened. Watch this space. We shall be posting even better transaction methods soon. Thanks for the inquiry and God bless. SourceSo, looks like Family Bank is absolutely terrified of them.  Sent from my Black Nokia 3310
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Rank: Elder Joined: 7/20/2007 Posts: 4,432
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So I keep my 100% record.  I'm telling you God is going to be used for a lot of things before he comes back. Family Bank needs to take a stand or forever be labelled as the bank of Ponzis. Yaani guys are still "investing" As Mawinder goes into politics, I will go into Ponzis. I'll call it the Raira reloaded investment scheme. But here is an example of a serious case of DELUSION. Yaani this guy has swallowed the DIVINE POWERS of VIportal "TRADERS" against the world. You can't spell STUPID in another way Quote:I wonder which world people are living because VIPortal has always kept us updated on every move they make! i.e Modification of their fx programmes, opening of new I.B branches, anniversary celebrations, pay advice, fx school, VIP football club, bank wire transactions and many more.
What's funny about all the rumours and murmurs in the air is that they are championed by our dear non-investors! If only they would invest and then talk, of which they will have nothing to say coz all is well...
I've discovered that some people and even institutions are envious of the VIP and so have sent opposition in this very page to scare away investors. They cannot understand the art of SMART TRADING done by a team of experts in VIP.
Their desire is to see the average Kenyans continue being poor so that they can use them to enrich themselves. That's why questions like 'What happened with family bank?' 'what happened with Barclays?' have been cooked up to their own taste! Kwani do we eat this banks? Do we really care which banks we are sent to as long as our agreement is honoured? Do we eat the status of the account as long as we get paid. Do we really care who owns the company as long as our rights are upheld.
When you get in a matatu do you care to ask the owner of that vehicle. If you have a better place to go,what are you doing here. The rich are in the millionnaires clubs and phillanthropic webs. Leave the risk takers do what they know best! I applaud the VIP team for taking us INTERNATIONAL...
This page is STRICTLY dedicated to VIP investors and friends of VIP. If you are not in this category, kindly and with all due respect find yourself your rightful place. LONG LIVE VIPortal My opinion. Mimi nafungua pyramid scheme. These people are mad. Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
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Rank: Member Joined: 10/27/2010 Posts: 266 Location: Nairobi
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alma wrote:So I keep my 100% record. I'm telling you God is going to be used for a lot of things before he comes back. Family Bank needs to take a stand or forever be labelled as the bank of Ponzis. Yaani guys are still "investing" As Mawinder goes into politics, I will go into Ponzis. I'll call it the Raira reloaded investment scheme. But here is an example of a serious case of DELUSION. Yaani this guy has swallowed the DIVINE POWERS of VIportal "TRADERS" against the world. You can't spell STUPID in another way Quote:I wonder which world people are living because VIPortal has always kept us updated on every move they make! i.e Modification of their fx programmes, opening of new I.B branches, anniversary celebrations, pay advice, fx school, VIP football club, bank wire transactions and many more.
What's funny about all the rumours and murmurs in the air is that they are championed by our dear non-investors! If only they would invest and then talk, of which they will have nothing to say coz all is well...
I've discovered that some people and even institutions are envious of the VIP and so have sent opposition in this very page to scare away investors. They cannot understand the art of SMART TRADING done by a team of experts in VIP.
Their desire is to see the average Kenyans continue being poor so that they can use them to enrich themselves. That's why questions like 'What happened with family bank?' 'what happened with Barclays?' have been cooked up to their own taste! Kwani do we eat this banks? Do we really care which banks we are sent to as long as our agreement is honoured? Do we eat the status of the account as long as we get paid. Do we really care who owns the company as long as our rights are upheld.
When you get in a matatu do you care to ask the owner of that vehicle. If you have a better place to go,what are you doing here. The rich are in the millionnaires clubs and phillanthropic webs. Leave the risk takers do what they know best! I applaud the VIP team for taking us INTERNATIONAL...
This page is STRICTLY dedicated to VIP investors and friends of VIP. If you are not in this category, kindly and with all due respect find yourself your rightful place. LONG LIVE VIPortal My opinion. Mimi nafungua pyramid scheme. These people are mad. Those are the same comments we used to get just before DECI went under. Guys who questioned the DECI model were labelled haters, adui ya maendeleo, bla bla bla. Then later, tunaomba serikali. Ati VIPortal have instructed their bankers not to take local deposits? These guys are good. They could sell pork in Saudi.
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Rank: Member Joined: 5/22/2009 Posts: 206
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VIPortal business model has a lot of fundamental flaws, including:
1) Their objective to manage numerous micro accounts. The analogy of one deep gold mine versus many shallow mines comes to mind. In other words, it is easier to manage 3 or 4 accounts with, for example, 10 million shillings each than it is to manage 100,000 small accounts.
2) If the CEO was such a good traders, he would only be trading for a few individuals and not for all and sundry.
3)Finally, instead of VIPortal taking money from investors, they should start a signal selling business, based on a subscription model. That is, they charge a subscription to access their signal services and include a caveat that such signal may not be right (FX trading is a high risk business after all). The fact VIPortal would rather take money from traders (investors) rather than let traders trade by themselves and probably assist them by offering/selling signals raises eyebrows. This is actually instructive because it goes against VIPortal's motto of teaching people how to fish rather than giving them fish.
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Rank: Member Joined: 8/27/2010 Posts: 495 Location: Nairobi
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TNT wrote:VIPortal business model has a lot of fundamental flaws, including:
1) Their objective to manage numerous micro accounts. The analogy of one deep gold mine versus many shallow mines comes to mind. In other words, it is easier to manage 3 or 4 accounts with, for example, 10 million shillings each than it is to manage 100,000 small accounts.
2) If the CEO was such a good traders, he would only be trading for a few individuals and not for all and sundry.
3)Finally, instead of VIPortal taking money from investors, they should start a signal selling business, based on a subscription model. That is, they charge a subscription to access their signal services and include a caveat that such signal may not be right (FX trading is a high risk business after all). The fact VIPortal would rather take money from traders (investors) rather than let traders trade by themselves and probably assist them by offering/selling signals raises eyebrows. This is actually instructive because it goes against VIPortal's motto of teaching people how to fish rather than giving them fish. No, false assumption. VIPortal's core business model is a ponzi. They have done everything right as a ponzi scheme, simply to con people based on false advertising. There was never any intention of doing legitimate forex business. Sent from my Black Nokia 3310
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Rank: Member Joined: 4/1/2009 Posts: 846
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Am convinced these guys must be serving coffee with some juju in those offices of theirs, reading the arguments from the 'investors' are ridiculous, ati going international. Wouldnt it make sense if one wanted to change accounts, to do it seamlessly? operate the Family bank account while telling the 'investors; of the new Poland bank account?? This way i will not be turned away from Family bank then spend the money on my way to Limuru.
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Rank: Member Joined: 9/21/2007 Posts: 326
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its official, VIP has gone bust! next ponzi? Speak your truth quietly and clearly; and listen to others, even the dull and the ignorant; they too have their story.
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