New series of reports will shed light on the way some of the biggest platforms facilitate ongoing Binary Trading scams around the world. The world of Binary Trading has been plagued with scammers trying to exploit hopeful investors and defraud them of their hard-earned money. Authorities have been fighting the scammers fearlessly, shutting down fraudulent […]Continue Reading
ways, according to a recent report published by the London Police’s National Fraud Intelligence Bureau, a unit in charge of Financial Fraud and Cyber Crimes. The criminals are adapting to new technologies as is clearly reflected in the frauds committed in 2019. Traditionally UK Fraudsters used to favor pension frauds. The victims were easy targets, […]Continue Reading
The Luxembourg Housing Fund conned out of over €800,000 by Polish scammers, managed to recover most of the lost funds. Fund (‘Fonds Longement’) was conned out of over €800,000 in a shockingly simple scam. The fund was contacted in an email written in English by an account pretending to be a Luxembourgian construction company the […]Continue Reading
Promising investors cheap Bitcoin mining machines, the man disappeared before delivering any of the promised goods. A man in Eastern China has exploited the booming interest in Bitcoin in China, sparked by the rising bitcoin rates, to defraud over 50 investors out of 100M RMB (approximately $15 M) in just under 3 months, reported Chinese […]Continue Reading
Europe’s securities watchdog lifts the temporary ban, allowing EU member states to form their own independent regulations. Are we at the start of a new era for binary options trading in Europe? The European Securities and Markets Authority (ESMA) has announced on July 1st that it will not renew the EU-wide ban that it has […]Continue Reading