Menu
Sister Sites

  • CFTC brings fraud charges against self-proclaimed Forex “master trader”

    From financefeeds.com

    The United States Commodity Futures Trading Commission (CFTC) has brought fraud charges against self-proclaimed FX “master trader” James Frederick Walsh. The CFTC complaint against Walsh was filed on July 7, 2020, at the Texas Western District Court. The complaint, seen by FinanceFeeds, alleges that from at least September 2019 to the present, Walsh fraudulently solicited members of the public for the purported purpose of trading off-exchange leveraged or margined retail FX on their behalves. Primarily using social-media platforms YouTube and Craigslist, and email, Walsh fraudulently marketed himself as a highly ... (full story)

The ultimate of stupidity is to trust anybody who tells you he is a trading expert/guru/master/blah, blah . . . even if he tells you on a beautiful sunny day that the sun is shining.
and yet the forex trading platforms and banks continue to rip off retail forex traders year after year by rigging the markets and pay pennies on the billions of dollars they steal without shame.
That's true. Last time, a so-called fx guru for a renowned financial organization was allegedly caught stealing from the company’s cafeteria. See details here: https://www.bloomberg.com/news/articles/2020-02-03/citi-trader-suspended-after-stealing-from-company-cafeteria
Happens here too and it only gets hidden for COC

https://www.forexfactory.com/showthread.php?p=13033828#post13033828
Quoting jsticher
and yet the forex trading platforms and banks continue to rip off retail forex traders year after year by rigging the markets and pay pennies on the billions of dollars they steal without shame.
say what? no one is telling anyone to buy or sell. Its your choice to trade, if you dont know the game then dont play. Retail traders walk in and think that money will just pour in lol. The payout in trading is huge because the risk is high... duh.
https://www.bbc.com/news/world-africa-53309873

Such a man of God that this guy is.
See bottom of the page.

ps, this is not the same person from original article.
Reminder: there are people who strongly believe the Earth is flat. This level of whatever you call it creates opportunities.
Hah!
Suckers.
Regarding the link in post #6

https://www.bbc.com/news/world-africa-53361490
  • New Comment
  •  Guest
  • | IP X.XXX.251.94
Join FF
  • Story Stats
  • Posted: Jul 8, 2020 9:54am
  • Submitted by:
     Newsstand
    Category: Entertainment News
    Comments: 9  /  Views: 12,644