Tag: forex trading scam

September 11, 2017 BY admin

Malaysian investors taken for $167K by forex trading scam operators "RCFX"

The Malaysian Straight Times is reporting that a group of Malaysian investors is now seeking answers after they thought they were investing in a reliable FX trading strategy from a company called RCFX but, in the end, failed to get their promised returns. The group claimed they have been cheated out of RM703,000 Malaysian Ringgit…

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February 04, 2016 BY Mike Fox

Florida Forex ponzi schemer involved in soliciting more than $1.4 million ordered to pay over $340k in fines

The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal court in Fort Lauderdale, Florida, issued a Consent Order against Defendant Robert Tripode of Boynton Beach, Florida, in connection with his fraudulent activities as an employee and agent of Forex Monthly Income Fund (FMIF), a commodity pool based in Miami, Florida. The Order…

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