Anyone Who Invests Can Be Scammed

I have noticed so many nasty yet arrogant reactions from netizens against people who either have been recruited by pyramid schemers or are the proponents of the scams themselves.

Most of them are seasoned investors/traders or have been “financially-educated” by financial literacy seminars and Facebook forums. It is as if they are no longer vulnerable to these schemes and fraudsters.

I may sound now like I’m attacking the wrong persons. Do not misjudge me.

I am writing this to let you know that I have close friends who are supporters of the financial literacy awareness campaigns but have become victims of scammers while being an advocate. One was a victim of a managed forex broker and another by a “promising MLM” company.

It’s just so ironic that a few of them were once heavy critics of the scams that they eventually entered in. And lost money in the process. Continue reading Anyone Who Invests Can Be Scammed