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    ​Encountering Scammers & Fake FXCM: Trader was Cheated 3 Times in a Row

    Abstract:A speechless situation has crashed into Ms. Chen recently where she was cheated by pig-butchering scams three times in succession within only a few months.

      A speechless situation has crashed into Ms. Chen recently where she was cheated by pig-butchering scams three times in succession within only a few months.

      Ms. Chen got acquainted with A in early February who told her that he knew a lottery website featuring a safe bet. Tempted by him, she made deposits but suddenly found that she couldnt withdraw after a month and A also disappeared.

      Ms. Chen poured out her trouble to B on the internet after the above-mentioned fraud. Then B said he boasted a wealth management platform that could help her cover her losses. Unfortunately, Ms. Chen fell into the same trap as she did in February!

      Suffering from scams twice, Ms. Chen told her ordeal to C whom she has known for years online, believing that an acquaintance was impossible to be a swindler. C promised to lead her to FXCM, a regulated platform with an aim of making money and retrieving losses. FXCM APP seemed to be reliable as it could provide bank account statements.

      Ms. Chen started to make deposits again but was told to pay the margin for the withdrawal by the customer service at the end!

      Conclusion

      Why Ms. Chen was cheated is fundamentally ascribed to her loss of emotions. People like her are targets for pig-butchering scams! As a reminder, please dont be credulous amid investment! In addition, it is recommended that not only forex brokers should be checked and searched prudently, but trading platforms should be downloaded through official channels. Please be cautious and alert!

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