Forex Trading Scams on Instagrams
In the past few years, scammers have proven themselves as more innovative than traders. Knowing that forex trading has more attraction for traders, scammers have started to target them on Instagram. Instagram is a platform where pictures speak. With attractive but deceptive pictures scammers are now targeting the young generation.
Money-Back has not only uncovered the Instagram scams but also tried to figure out how and why these scams are successful. According to our findings, these scammers create profiles that attract opposite genders a lot and then try to gain their attention with pictures of fancy cars and luxurious houses. Such kinds of pictures welcome them and young people develop a desire to acquire such things. This causes a sense of greed which ultimately forces them to invest their savings with these attractive profiles which don’t even exist in reality.
These scammers start random conversations with their targets and then steer the conversation towards finances. After trapping them in their honey-sweet promises, they ask for funds in BTC. In most cases, they ask victims to transfer BTC worth 1k to 5k dollars. They ask for BTC because another type of payment can be tracked and refunded as well but BTC transactions cannot be charged back as these can be easily mixed in the crypto arena.
After getting the funds, they don’t vanish immediately and keep manipulating the victims by showing them fake screenshots of profits. If you are facing a similar kind of situation then this is the right time for you to get help from Money-Back because our team is an expert in tracking down these Instagram scammers. We will work tirelessly to recover your funds in the shortest possible time.
The best option for you is to consult our services before transferring your funds to such ambiguous persons. Money-Back uses its resources and provides you a detailed report on whether the person or broker you have been planning to invest with is reliable or not. If you consult our team in advance then the chances of getting deceived by such scammers will reduce to none.