We the members of the Scam Investigations Committee of the Forex Peace Army have deliberated on all the evidence available to us and have reached a conclusion. It is our opinion that...
FPA member PiPsAddict filed reviews and a scam complaint against Trend Forex 2.0 stating that one of their advertising pages contained completely false trading records to show how profitable the system was. PiPsAddict said he's checked the trades and the prices given were completely fictitious.
FPA Investigator Gerard checked a number of the trades listed and verified what PipsAddict said.
The product was released today and the page with the fake trades seems to have been removed. We are glad that this information is no longer being shown. Still, the fact that the company used such obvious lies in its advertising is sufficient to qualify as a scam on ethical grounds.
Trendforex20 is hereby blacklisted by the Forex Peace Army. We urge traders not to do business with this company. We offer Trend Forex 20 the chance to have this scam finding lifted by posting a full and complete explanation and apology for this false advertising. This should be prominently displayed on the company's homepage.
Discussion Thread for this Scam Finding. Has screenshots of evidence.
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TrendForex20.com -
06-09-2009, 06:41 PM
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