Just in time for Valentine’s Day, the CFTC has issued a Customer Advisory that is meant to serve as a warning for people who use online dating and social media platforms but get pulled into scams where they send money to “fraudulent websites that claim to trade foreign currency exchange (forex) contracts, precious metals contracts,… Read More >>
Black Diamond Ponzi Scammers Slammed with $76M Penalty
Beware of Ponzi schemers peddling forex scams. That’s one recent warning from the CFTC, which wants potential targets of foreign-exchange con artists to know that it has “witnessed a sharp rise in forex trading scams in recent years.” And the CFTC also wants to impress upon the potential forex Ponzi schemers themselves, people who might… Read More >>
