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The authorities of the country created a task force aimed at investigation and prosecution of the cheating in the foreign exchange market that is overcrowded with dishonest traders. This task was created by the CFTC (the Commodity Futures Trading Commission) that is involved into control of the US futures markets. According to the CFTC comments the main aims of creating the task were not only investigation of the frauds occurred at the foreign exchange markets but also certain work with other control bodies and criminal authorities.

Scam

A forex scam is nothing but the model used by cheaters with an intention to misappropriate traders’ actives by offering them fast and significant profits earned by the trading at the high-risky foreign exchange market (Forex). According to experts opinion the business related to earning money on the difference of currency quotations is a deception today. On the other hand a great number of cheaters squeezing money from those who are unsuspecting are a common situation at the financial market.