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Social Media - Forex "Traders"

  • 24-07-2020 9:26am
    #1
    Registered Users, Registered Users 2 Posts: 468 ✭✭


    https://www.irishtimes.com/news/crime-and-law/garda%C3%AD-search-two-houses-during-social-media-forex-trading-investigation-1.4311003

    Good to see a crack down on this.

    The amount of ads and so called "influencers" you see across social media pushing this is ridiculous. For the people who fall for this, they need their heads examined. Get rich pyramid scheme for lads who think they are the Wolf of Wall Street.

    On these IG pages, its always the same, photos of some young fella who wouldn't look out of place on an episode of Inside the K, parading around in some flashy car with his Gucci man bag and Canada Goose Jacket (no doubt fake), showing a wad of notes that "he made today from trading" and photos of his holidays to Dubai, which have probably been lifted from google.

    But you could have all this too if you start an account with a EUR 400 investment!

    They should turn their attention to these raffle pages too, another scam!

    (And no I didn't "invest" or buy any raffle tickets, just having an old man rant this morning :D )


Comments

  • Registered Users, Registered Users 2 Posts: 4,402 ✭✭✭McGinniesta


    nice bit of an aul scam


  • Closed Accounts Posts: 548 ✭✭✭JasonStatham


    I'm into forex trading. Most retail people in this industry have some sort of course or signal scam.

    You should never pay money for a course, because it's all freely accessible (strategies, indicators) online.


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