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London UK
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,980 since Sep 2015
Thanks Given: 15,506
Thanks Received: 15,422
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Scammers are getting more and more clever in the way they try to trick people.
Latest in a string of trading scam ads hosted by Yahoo! UK is a series of ads where they abuse the name of a well known entrepreneur claiming he endorses or uses the trading system being advertised.
I have seen at least two instances of this behaviour so far: Duncan Bannatyne and Richard Branson. They are both wealthy UK entrepreneurs and are well known internationally.
In this latest example featuring Richard Branson's name being used/abused, another particularly diabolical twist is added to the mix: the site reporting the 'news' about this system is none other than Forbes!
Except.... it's not really Forbes. It looks like Forbes, and the URL looks like forbes.com - but if you look closely you'll notice the true URL is https://www.forbes.com--php.top.
You see what they've done there? The first part of the URL really makes you think you're reading a Forbes article. In reality the scammers have managed to register a domain that ends in .top and somehow created the bit in the middle to make it looks like the real thing. The php bit is particularly vicious, because php is usually found in an internet address, so by putting it there they're trying to disguise the real domain name with a red herring.
Clever, uh?
Of course the 'Forbes article' tells the story about how Richard Branson is furious that others have found out about how great this trading system is, and everybody is now becoming a millionaire.
Enter Briton Andrew Chambers (obviously a fake name and the picture is likely an actor) who, "had a hard couple of years. He spiraled into depression after tragically losing his wife and then his job at the young age of 35. He couldn't pay his bills and was almost evicted from his home. But now, thanks to this simple options trading software, Andrew’s life is turning around...".
You can guess the story from there. Thanks to this fantastic trading system, even you, with only 250$ can become rich!
By clicking on pretty much any link on the page you are redirected to blazingtrader.cc where the usual psychological pressure tactics of scarcity and personal guarantees of getting you money by tomorrow are employed (red circles).
There's the usual video, where the presenter (another actor presumably) promises people to give them 20,000 dollars every day. This is practically the Nigerian scam, claimed to be of British origin, with American-sounding actors.
Such an international endeavour.... buyers beware!
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