Tens of thousands of investors are waiting with bated breathe as MBA trading and capital investment says it has begun the refund of capital to its investors.
The company posted a screenshot of the alleged refund to the first tranche of investors.
However, investors are wary, calling it another gimmick by the company to buy time.
Their misgiving about the purported refund follows similar claims by the company that it will pay a return on investment to investors in December, after owing them for two months. However, the company failed to honour its promises.
The scheme which promises a 15 per cent return on investment crashed in November as the company failed to pay a return on investment to its investors.
The wary investors had flooded the offices of the company in December demanding their capital but the company shut down overnight and asked its staff to stop showing up for work.