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ARTICLE · 10 MAY 2019

Dealing With The Aftermath Of Forex And Binary Options Fraudsters

The regulating bodies and financial institutions are taking a number of measures to prevent financial fraud. Binary options trading, in particular

United KingdomCriminal Law

The regulating bodies and financial institutions are taking a number of measures to prevent financial fraud.  Binary options trading, in particular, is being controlled with a greater degree of robustness to protect the unwary general public being drawn into a situation where they suffer financial losses.  Many hundreds of people around the world are targeted each day.  Frequently they are novice investors who are unfamiliar with the markets and do not recognise that the so-called trading platform and its way of working are actually bogus.  The individual only realises the extent of the fraud when eventually when the fraudsters finally decide that there is no more money to be had and shut down the account and promptly vanish without trace.

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