Posts belonging to Category Forex Fraud

Fraud Permeates the Forex Markets


The world of foreign currency exchange trading or forex is rife with fraud. We are talking about stealing customers’ funds, as well as misrepresentations and omissions to disclose the true risks of forex trading even when the investors’ money is actually invested. Consider the following.

Forex Trading Under Investigation


It may seem like something out of a movie where thieves or opportunists try to make money by taking advantage of fractions of a penny differences in trading, but unfortunately the National Futures Association, a self-regulatory organization policing the futures market, is beginning to analyze trades executed by its 16 member forex (foreign exchange) firms […]

Investors Scammed by Forex Traders


The U.S. Commodity Futures Trading Commission (CFTC) recently announced that a federal court in Texas had entered a final judgment order imposing monetary sanctions against Premium Income Corp. (PIC), and its affiliates, Inforex, Ltd., and Tri-Forex International, Ltd. totaling more than $123 million.