Ponzi Scheme FX10 Investments: claims +10% weekly return

[Forex Detective]

Weekly update: Capital raised to $3.1 Million and the profit for this week was over 10%, you can see now how happy investors are, now posting proof of payments.

The first picture is a screenshot of a video where the trader Peter is closing the live trades.

 

[Forex Detective]

On this post, Logan is trying to calm investors down, they started to panic because there were some delays on payments, but why people freak out? Because they know the investment is not regulated and there is no certainty, other than trust on the investment.

The second post is from an investors who in 8 weeks had his ROI. This is like an inspiration for other members, but again, no regulations, no safety of the funds.

 

[Forex Detective]

This is what investors believe from an unregulated investment, just hope the fall is not too high. My friends got scammed in a half billion Forex regulated investment last year, that lasted for at least 5 years, they even took loan to invest and help paying their home mortgages, car loans, medical bills and so on, so you can imagine of what an unregulated investment is able to do it if they want to. They can keep investors happy for several years to come, many investors will change their lives for better, many of them will become multi millionaires, but at one point, if collapses, several thousand of investors won't have the same lucky as the old members, and at this point, many family lives might be destroyed.

 

[Pharaoh]

In cases like that, the investors who "got lucky" can be subjected to regulatory clawbacks of their profits. If they helped recruit new members who lost money, they may also find themselves on the wrong end of a civil suit.

 

[Forex Detective]

Last update: The investment has reached $3.5M and 11% profit for the week, according to the information displayed, and as always, the promise is for life, I don't know how they are displaying only profitable results every single week, but the trades are not verified by a third party company, such as myfxbook, so those trades can be manipulated to only show profitable results every single week, if anyone knows how to do that, please feel free to expose here, or pm me.

 

[Forex Detective]

In cases like that, the investors who "got lucky" can be subjected to regulatory clawbacks of their profits. If they helped recruit new members who lost money, they may also find themselves on the wrong end of a civil suit.

Yes, I agree, but since this investment is not funded via the normal bank transactions, everything is done via bitcoin and e-wallets, it's a new scenario that looks much more difficult to be tracked it down, specially because now that clients come from all over the world, it just make any clawbacks more difficult. This is probably one of the reasons that those type of investments are falling out of the sky and now there are several ones offering the same results or even better. It looks too good to be true.

 

[Forex Detective]

Before I continue with the investigation, I suggest anyone who is interesting in knowing more about HYIPS and Ponzi Scheme description to read this article written by Pharaoh, you'll notice that the e-currencies trading methods are much older than we think, it's just becoming more and more popular with the advance of the internet and how quickly can reach new audience, avid for quick and easy money.

https://www.forexpeacearmy.com/community/threads/ponzi-schemes-and-hyips-free-money-traps.3959/

 

[Pharaoh]

Yes, I agree, but since this investment is not funded via the normal bank transactions, everything is done via bitcoin and e-wallets, it's a new scenario that looks much more difficult to be tracked it down, specially because now that clients come from all over the world, it just make any clawbacks more difficult. This is probably one of the reasons that those type of investments are falling out of the sky and now there are several ones offering the same results or even better. It looks too good to be true.

Clawbacks wouldn't be very hard if many of the people bragging about making profit did so via FB and other social sites.

 

[Forex Detective]

This potential client Om Moaz asked some interesting questions, then another potential client named Jennifer stepped in, asked more questions and got removed from the group, some investors over reacted to her queries. It looks like a herd of buffalo defending their territory at all costs. You can read through the pictures to get a big picture how the investment is being dealt without any regulation whatsoever.

 

[Forex Detective]

Last update: $4M in capital raised. Now see how some investors are planning to become a Millionaire next year and I think it's possible for few members, specially the initial ones, but it will reach a point where the investment will reach its peak and the chances of collapsing will be highly increased, unless the investment becomes regulated and all the funds go into segregate bank accounts in regulated Forex countries such as UK or USA, otherwise the risk for the investors to have their investments wiped out one day remain very, very high.