The most common indication of a broker scam or a Forex trading scam is that the broker is either unregulated or has a low-quality regulatory license. CFD Scams are becoming increasingly common, which is extremely dangerous – due to this, investors need to be aware of which companies to avoid in the CFD market.
While no one can ensure your safety 100%, you should avoid companies with a bad reputation at all costs! The list of blacklisted firms is never-ending, and they are recognized as looting traders due to their manipulative trading practices, lack of regulations, and failure to fulfill what they promised in the beginning.
During the lockdowns, the number of adults accessing TikTok, which is controlled by Chinese internet company ByteDance, increased from 3.2 million in September 2019 to 13.9 million in March 2021. Despite this, it is still disproportionately utilized by younger folks, who, according to Lloyds, are now the most probable victims of financial fraud.
Madam Fong (not her real name – as she did not want to disclose her identity), aged 75, said the scammers called her three times a day while her husband was at work. Keep on reading to find more!
Excerpt – This new generation of Netflix TV shows is helpful to raise awareness about a growing crime type and the significance of digital technologies in new sorts of fraud, but they don’t reflect the wide range of romance fraud cases and, more significantly, the wide range of victims who fall victim to it.
Scams can be complex and hard to fix. If you suspect that you have been scammed, the best way to fix the problem is to get expert help because you will need advice on legal and procedural matters.
