Today, we will discuss the three most common scams in foreign exchange management. Give investors a reference, hoping that fewer and fewer people will be deceived.
These managers will build a foreign exchange trading platform, buy pirated MT4 software, forge regulatory agencies and qualification certificates or apply for licenses from other platforms, spend a lot of money on brand packaging and marketing, and participate in various financial exhibitions and financial transactions everywhere Can. Nation. Renting the most expensive office buildings in the CBD areas of first-tier cities is like a powerful foreign broker. Then, they use their foreign exchange brokerage platform to manage foreign exchange assets and recruit customers.
We promise our customers 20% or even more than 30% of the annual income and guarantee the principal and payment, so we have attracted many customers. This kind of investor will receive the promised income bonus on time every month. After two, three, three, or four months, most investors will think that this is a reliable investment institution and a scarce financing method to increase their investment. Even some older adults sold their old houses. Recommend old friends, relatives, and neighbors to participate in the investment.
But in fact, investors can only get dividends for a few months, and their principal is the fat of these scam operators.
A small part of the latter investor's capital investment has become the former investor's dividend. But one day, the capital chain will break. In the foreign exchange asset management promotion of the Ponzi scheme, most operators use automated intelligent trading EAs to attract customers and tell them that they are trading. But in fact, they may not list any lists, and customers see false transaction information. Since it is a privately constructed MT4 platform, transaction records can be modified in the background.
This kind of scam is what we call a Ponzi scheme. It is also the most common one on the market. The operators of these Ponzi schemes are legally accused of illegal business, fraud, and illegal fund-raising activities. For investors, the risk is enormous, and it is many times. It also affects the people around us. Please pay attention to identification to avoid being deceived.
Account hedging between different customers.
Hedging refers to holding two different accounts simultaneously, one account and one account for short. One of the accounts will be profitable, while the other will be at a loss. Because when signing a contract with an asset management company, the general asset management staff will tell the customer that their operation is to allow 30% withdrawal.
The losing account is within the agreed 30% withdrawal range. Moreover, the winning version can share profits with customers, which is a stable arbitrage for the asset manager, ensuring that money can be made without compensation. How much arbitrage can be achieved depends on the share of the account in the signed contract, the percentage of regular withdrawals, etc.
Accounts with commissions will disappear after the report is full
This type of asset management is generally divided into two types. One is that the original intention is good. The original purpose was to share profits with customers, but the transaction results were not good, and customers had no way to lose money, so they could only use commissions. Regardless of the number of funds in the account, the commission is very high. Once the customer's account is compromised, it is empty when the customer goes to find the management party.
There is another kind of people who plan to disappear in the early days of fund custody. The result is still that the same account is lost in a mess or even liquidated. No one at all.
The above three are more common frauds in foreign exchange management.
I can talk about how to distinguish.
First, unreliable foreign exchange management is unrealistic. In addition, it is necessary to investigate the existence and long-term nature of the management party. Usually, asset management has a reputation for many years; at least there is a cycle of capital inflows and outflows and the principal of dividends.
However, if the overall commitment of asset management is high, the salesman will urge investors to introduce new customers and give the introducer a certain rebate. In this way, it is usually a capital sector, called foreign exchange asset management fraud. We must pay attention to the distinction.