Email this LII item:
Beware of Foreign Currency Trading Frauds
"Have you been solicited to trade foreign currency contracts (also known as 'forex')? If so, you need to know how to spot foreign currency trading frauds." Includes a list of warning signs of such frauds, such as "get-rich-quick schemes," avoiding companies that guarantee large profits or no financial risk, and sending cash on the Internet or by mail. Includes links to related sites. From the Commodity Futures Trading Commission (CFTC).
http://www.cftc.gov/opa/enf98/opaforexa15.htm
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