Scams

Is Pyes international really a charity or Ponzi scheme?
Ponzi Scheme

Is Pyes international really a charity or Ponzi scheme?

Pyes International says it is a volunteer-based, non-profit charity organization that provides financial resources, services, education, training and information to people who are in need of support and to people who are seeking volunteer opportunities in our community. Promoters of Pyes international assured its investors that the platform works to […]

Why 24Option is a risky Forex trading platform
Scams

Why 24Option is a risky Forex trading platform

Forex trading platforms 24Option is one of the largest binary options brokers in the industry as they also offer CFD/Forex trading. According to information on its official website, the platform offers their clients the Scipio trading platform for binary options, and MT4 for CFDs/forex trading. It is also believed that […]

IGOFX, the world’s largest MLM Ponzi scheme crashes
Scams

IGOFX, the world’s largest MLM Ponzi scheme crashes

The chicken must have come home to roost for more 400,000 Chinese investors who have lost a fortune to IGOFX, a Forex multilevel Ponzi scheme that has just collapsed. According to Chinese authorities, both Chinese and Malaysian investors must have lost about RMB30 billion, an approximately USD4.4 billion to the […]