This is my first post, so take it easy on me.
It seems to me like this is yet another company located elsewhere but rents a virtual office in cities of prestige to fool potential clients, who are so greedy and are chasing the 100% bonus that they do not do any research.
If your confused as to who am I defending, the answer is nobody.
The Broker is guilty of fraud
The Client is guilty of greed and not thinking
If we didnt have greedy clients we wouldnt have fraudulent brokers ( they would be out of business really quick)