Singapore Forex Trading Scam Of $800,000 | How A Friend Turned Foe

Stock Pathshala

A Singapore man fell for a well-orchestrated forex trading scam in which scammers created an online trading site that used similar platforms found at genuine trading houses. This meant they were paying certain firms for the right to use their custom-built trading software.

So a guy got introduced to this new forex trading investment by a friend, who knew that he was not in desperate need of some good amount to keep his financial condition stable. And this guy from Singapore initially invested $800,000.

After losing a high paying job in the tourism sector during the pandemic, this investment and the consecutive profit were very important for him. And it did seem like a very nice investment opportunity.

His invested $800,000 had turned that into $8 million however when it came to the actual withdrawal of funds, he was devastated to find out that it was all just a big joke.

So what actually happened? Listen to Aseem and find out!!

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