The CFTC recently filed a lawsuit against one Simon Jousef (https://deposit-withdraw.com/futuresfx-owner-accused-by-us-cftc-for-forex-defraud/) in relation to his scammer online forex business, FutureFX. Simon Jousef is held responsible for soliciting users to subscribe to his fraudulent broker website, in turn offering them the chance to trade forex and commodity futures, as well as a slew of other services such as educational videos and online customer support.
Nothing unusual for a scammer, but this one decided to conduct his scam under the nose of the CFTC and the NFA, which are considered as the top financial regulators in the world. Additionally, Jousef and his firm have been charged for providing false and misleading CTA registration updates to the NFA, in relations to the predecessor company of FuturesFX.
FutureFX demanded a $9000 deposit from user in order to access the platform, which to the surprise of many, actually fostered $1.3 million on average in subscription fees.
Nothing unusual for a scammer, but this one decided to conduct his scam under the nose of the CFTC and the NFA, which are considered as the top financial regulators in the world. Additionally, Jousef and his firm have been charged for providing false and misleading CTA registration updates to the NFA, in relations to the predecessor company of FuturesFX.
FutureFX demanded a $9000 deposit from user in order to access the platform, which to the surprise of many, actually fostered $1.3 million on average in subscription fees.
