When you are thinking of entering the trading market, you have to find a broker to begin. Selecting a good broker can be very difficult in this day and age. While technology has advanced significantly to help make it easy for people to do their search, it has also assisted a lot of individuals and…
Do you have an interest in trading? If yes, you are definitely not the only one because there are hundreds of people who want to do the same. After all, every day you hear about people earning substantial amounts of money through the trading market and you want to do the same. Trading has become…
(Image via jta.org) Austin Smith speaking at Wealth Recovery’s office, Feb. 22, 2017. (Andrew Tobin) The sentence of binary options fraudster and fund recovery perpetrator Austin Smith is scheduled in the U.S. tomorrow. The New York-born Israeli Smith was one of the accomplices in Israeli Yukom Communications binary options scam with its brands BinaryBook and BigOption. The boiler room agent Austin Smith was probably one of…
Imagine you could go to your local TAB or a sports betting agency to make a $100 bet and were told you have to pony up 50 cents and pay the rest only if you lose. Well, that same principle applies in the world of high finance, with hundreds of thousands of Australians effectively punting…
Former binary options broker Banc de Binary reached a 300,000 euro ($335,408) settlement with the Cyprus Securities and Exchange Commission earlier this year. The regulator released a statement on Wednesday saying that it had agreed to the settlement in March of this year. According to that statement, the broker allegedly infringed upon a number of different regulatory standards. CySEC…
Another week has passed on the cryptocurrency and forex markets. Banks in the United Kingdom reportedly cut ties with Coinbase, and Plus500 revenues plummeted in the first half of 2019. Keep up to date with all this and more in our best of the week segment. This week, Finance Magnates reached out to the Financial Action…
Binary options fraud flourished in Israel for years before the industry was gradually outlawed by the Knesset, which first made binary options illegal only for Israeli investors. Finally, in 2017 the Knesset managed to ban the sale of binary options altogether (with a three month grace period). The legislation followed superb investigative reporting by…
Liora Welles and Shira Uzan, accused of working as sales representatives to swindle millions of dollars out of victims, plead guilty to conspiracy charges
