Another seeming scam forex money making scheme is collapsing and its no surprise. The best way to make money in the forex markets is to do it for yourself or join a reputable copy trading account. Here’s the whole story of this sorry saga.
If the public Facebook Page is to be believed it seems that the company is suggesting clients say that their “investment” in this scheme is a “loan” with fixed percentage repayments to bypass laws but because I wasn’t part of this scheme I don’t know for sure but what I do know is that its now unravelling fast.
Now the owner, Colin Davids, who’s had some of his assets frozen by the Assets Forfeiture Unit wants to get some of the money back and has launched a court bid. More can be found in the comments section of their Facebook Page but here’s some articles I’ve managed to find written about them as the scheme became unstuck.
- The denial
- Why the broker’s license was suspended. (stay away from scammers guys)
- The allegations
- In god’s own words
- The NPA’s Statement of Seizing Assets
- Forex Magnates Article is here.
Are you with Platinum Forex? Do you know about them and have you come across similar forex scams before? Leave a comment below and let me know about your experiences.
Forex trading is NOT a get rich quick scheme. If anyone tells you that it is or only the good news about trading and how much money you can make, be very suspicious. Making consistent profits from trading is what you’re after and that takes dedication and determination just like everything else that’s worthwhile in life.
If you’re serious about being a successful forex trader then check out the mentorship program here.