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Australians have lost $3 mln to binary options scams so far in 2016
Australian investors have reported the loss of $3.0 million in total to binary options scams since the beginning of 2016, according to data by Scamwatch, a scam recognition service by the Australian Competition and Consumer Commission (ACCC). In comparison, in 2015 losses in Australia from investment scams, binary options included, amounted to $229 million in total, or double that a year earlier. The sum is supposedly higher, since in reality many people never report that they have been scammed. Many Australians complain that they have been convinced, even pressured, by brokers to open a trading account for binary ... (full story)
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Beware of robber banks (RB), bad advisors.
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