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  • Self-proclaimed “successful” Forex trader admits wire fraud

    From fxnewsgroup.com

    The Department of Justice (DOJ) confirmed today that 25-year old Forex trader Kelvin Ramirez has pleaded guilty to wire fraud. The trader, who falsely claimed he was successful, faces a maximum penalty of 20 years in prison. Ramirez pleaded guilty today in the Southern District of Texas to defrauding investors that he solicited via social media by falsely promising high rates of return and low or no-risk returns on FX investments. According to court documents,Ramirez, of Houston, used social media platforms to falsely promote himself as a successful Forex trader. Through his Instagram accounts, Ramirez marketed ... (full story)

Beware guys!!
And yet Elon Musk walks around freely
So who doesn't get hit by marketing of this nature every day in their email and sometimes by phone? {if you don't, you are truly blessed}

I guess this bloke went under coz he omitted the usual fine print disclaimers. How novel of the DOJ.
Ha Ha Ha!! Now a days..economic Calendar and the Data's publishing became a JOke!!For the best resulted datas, instead of the rally in favor of the currency.... It goes opposite!! Any Comments??
Quoting Jkunju
Ha Ha Ha!! Now a days..economic Calendar and the Data's publishing became a JOke!!For the best resulted datas, instead of the rally in favor of the currency.... It goes opposite!! Any Comments??
I agree with You.
Quoting umbrella man
And yet Elon Musk walks around freely
What do you mean man?
The guy probably wanted to make money to fund his trading account. Lol
World is like that. You write bullshiit and make big claims people will hand over you lots of money.

You speak truth show real account with real trading proof no one will follow you.

https://fxnewsgroup.com/forex-news/r...ts-wire-fraud/
  • Post #9
  • Quote
  • Edited at 2:52am Aug 24, 2021 2:24am | Edited at 2:52am
Quoting Jkunju
Ha Ha Ha!! Now a days..economic Calendar and the Data's publishing became a JOke!!For the best resulted datas, instead of the rally in favor of the currency.... It goes opposite!! Any Comments??
Nowadays? No, I disagree. There are many well documented cases beginning in about year dot of where news has been either unreliable or it is best to do the opposite of what the information (of varying degrees of accuracy, but lets say 100% accurate) in the news conveys.

Also a matter of interpretation. Any given "news" has a different information content depending on what timeframe you are talking about. Minutes, hours, days, weeks, months or years? What the Fed is currently doing will have repercussions for years, for example. Some say a generation.

If all that is a bit too much to absorb, watch the movie Trading Places because it snows.

Edit - on a general note, the fact that we have available news pretty much instantly for free is a gift that was simply not available just a short number of years ago. Are you spoilt for abundance? Some gratitude would be in place.
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  • Posted: Aug 23, 2021 2:14pm
  • Submitted by:
     MariaFNG
    Category: Entertainment News
    Comments: 9  /  Views: 2,237
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