The major forms of FX scams are portfolio manager scams ... Once they've lured enough unwitting forex traders in by "pumping up" an investment, the scammers will "dump" their positions.

However, while forex itself is legitimate, many scams disguise themselves as forex investment opportunities, often using multi-level marketing (MLM) or pyramid-style recruitment schemes.

A 30-year-old man has been arrested by the Hawks in Hartswater for allegedly operating a forex trading scam, fleecing at ...

The scam follows a familiar pattern. First comes the cold call — friendly, reassuring, and filled with financial jargon.

Mumbai: The Malad police have registered an FIR against five men for allegedly embezzling Rs 34 lakh in a cryptocurrency and forex trading scam. The accused lured multiple investors with promises of ...