Forex scams include creating false customer accounts for the purpose of generating commissions, selling software that is supposed to garner large profits for the customer, false claims of customers making huge money, the theft of a customer's account and phony marketing. Forex scams draw customers in with sophisticated advertisements placed in the newspaper, heard on the radio, or seen on internet websites.
Source: http://www.investorguide.com/igu-article-1147-forex-basics-common-forex-scams.html
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