x

A PHP Error was encountered

Severity: Notice

Message: Undefined variable: content_category

Filename: user/transcript.php

Line Number: 106

A PHP Error was encountered

Severity: Warning

Message: Invalid argument supplied for foreach()

Filename: user/transcript.php

Line Number: 106

Foreign Currency Trading Fraud

Total Views  :   1236
Total Likes  :  0
Total Shares  :  0
Total Comments :  0
Total Downloads :  0

Add Comments
Presentation Slides

1) ConTaCT us The Commodity Futures Trading Commission (CFTC) is the federal if you have questions, are aware of suspicious activities, or believe you have been defrauded, please let the CFTC know immediately. Call the CFTC or visit www.cftc.gov/TiporComplaint. Foreign CurrenCy Trading Fraud government agency that regulates the retail foreign currency trading (Forex) market. The Forex market is volatile and carries substantial risks. It is not the place to put any money that you cannot afford to lose, such as retirement funds, as you can lose most or all of it very quickly. The CFTC has witnessed a sharp rise in Forex trading scams in recent years and wants to advise you on how to identify potential fraud. CommodiTy FuTures Trading Commission 1155 21st Street, NW Washington, DC 20581 866.366.2382 (Consumer Hotline) 202.418.5514 (TTY) Commodity Futures trading Commission consumers@cftc.gov www.cftc.gov/consumerprotection 43909_ForeignCurrency.indd 1 2/12/13 1:10 PM

2) WaTCh For These red Flags To helP idenTiFy Foreign CurrenCy Trading sCams Promises that with Forex, there is no “bear” market. Firms that claim you can or should trade in the interbank market. Requests to send or transfer cash quickly via the Internet, by mail, or otherwise. Difficulty getting background information about the person and/or company. S B 43909_ForeignCurrency.indd 2 2/12/13 1:10 PM