With the recent increase in the Binary Option Trading Platforms, there has been a rise in the number of fraudulent exchanges worldwide. The CFTC and the SEC have recently received numerous complaints relating to the fraud associated with the websites that offer such trading services. The majority of the complaints fall under three categories: a…
Binary Options trading is a financial option in which the return is either a fixed monetary amount or nothing at all. The simplicity of the trading makes it attractive to individuals who have no trading experience, which leads to fraudulent brokers setting up shops with the intention of defrauding their clients. There are only two…
The scammers main target is the investors belonging to developed countries like the US and the UK for binary options investment fraud. Binary Trading, a form of fixed-odd betting where the net outcome might be a huge profit or nothing at all. Similar to the binary code that a computer runs on. Either one or…
The world caught binary options scams in the open. The number of binary options brokers fraudulent in nature doesn’t seem to stop. According to a CNBC report, traders have lost over $1.5 billion due to binary options trades in the long run. The fun fact is that traders continue to fall prey to such atrocious…
Forex scams seem as if they are not going to stop anytime soon. Recently, the US authorities have become deadly serious about these forex scammers after a big scam reported by the Times of Israel. It covered the conviction of an Israeli citizen who was reportedly inciting a Forex fraud, and he ended up being…
Binary Options Brokers are always there to steal all your money at one go. Most of them are fake, fraudulent agents who are only there to scam you at one shot and make sure that you lose all your money. The story of Fred Turbide was indeed a disastrous one. He lost all his money…
New Scams are coming up every day, and we must say that cryptos are by far the most exciting asset to invest your money in. Despite a few initial turbulences, cryptos have been rising steadily across all financial world sectors. With the launch of newer cryptos every day, some are fake, and some are real.…
Good investment opportunities are something that everyone wishes to find and taking advantage of such an opportunity, fraudsters end up creating new types of investment opportunities just to trap a new innocent investor and then vanish in thin air with his or her money. Some of the most common investment scams are as below. High…