It’s been a couple weeks since I filed complaints with every branch of the trade industry and consumer protection agencies (6 total) and there has been no results. I have to consider that the level of corruption goes up higher than I thought- involving not just the NSA but also the CFTC.
Not even the American Gaming Association has reacted to the fact that forex trading platforms- upon becoming self contained systems- became legally a “Gambling Machine” or a tool for “Online Gaming” – both of which fall under their jurisdiction.
CNN replied with a “thanks for your story” but no action has followed. The Attorney General said the CFTC has to address it before they can. I thought there was nothing more I could do- then ***ping! Duh! This is a federal crime happening on a national level- federal crime = FBI
I think it’s pretty pathetic for just 1 person …. me…. to be fighting so hard to stop something that doesn’t even affect me. I’m doing this to try stop you- the person reading this that does trade “forex” from being ripped off.
People- it’s time for YOU to do your part- COMPLAIN TO THE FBI ask your broker questions- demand to know if your trading against a computer program. Ask them if your orders are called out- pooled and submitted to anywhere at all- or is it like that blogger says- all my orders are processed right on the platform. Ask them how many platforms are supervised per employee. And are they allowed to alter or adjust the contract price after the transaction has been completed? FIGHT BACK!!
Most importantly- ask to see the companies financial report- the page that shows how much was paid out to customers in 2012. I noticed a few days ago that on all these financial reports- there’s no line that shows how much was withdrawn by customers that was in excess of what the put into the account. WHERE DOES IT SHOW PROFITS PAID OUT
Why is that…… oh… I know……………………………………. there aren’t any.
White-collar crime is financially-motivated nonviolent crime committed for illegal monetary gain.
Within criminology, it was first defined by sociologist Edwin Sutherland in 1939 as “a crime committed by a person of respectability and high social status in the course of his occupation“.
The FBI has adopted the narrow approach, defining white-collar crime as “those illegal acts which are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or violence” ____________________________________________________________
- Attempt and conspirac
- Material involving sexual exploitation of minors
- Mail fraud – frauds and swindles
- Bank fraud
- Prohibition of illegal gambling businesses
Some forms of corruption—-now called “institutional corruption”—-are distinguished from bribery and other kinds of obvious personal gain. Campaign contributions are the prime example. Even when they are legal, and do not constitute a quid pro quo, they have a tendency to bias the process in favor of special interests, and undermine public confidence in the political institution. They corrupt the institution without individual members being corrupt themselves. A similar problem of corruption arises in any institution that depends on financial support from people who have interests that may conflict with the primary purpose of the institution.
The UNITED STATES FOREX TRADE INDUSTRY has become corrupt.