B- METRO COMMENT: Dona��t be tricked into online forex trading

Since Zimbabwe adopted the multicurrency system sometime in 2009, the country has seen overnight millionaires preying on ordinary peoplea��s gullibility for a short cut to the a�?money cluba�?.

The first and probably most successful of these scams were the pyramid schemes. Some sold their personal prized possessions to invest in what they were told would bring about astronomical profits.

The first to invest really made money out of it, but as it is with money a�� one would want more and more of it. The stakes went high, people even sold their houses and other lifetime prized assets but there came a dead end as these a�?investmentsa�? began to collapse.

High Blood Pressure (BP) and other underlying conditions crept into some who could not believe what had happened to their investments, we cannot rule out suicides and attempts to take onea��s life.

Those that lost big during that era still count their losses and wish by some miracle, their swindlers would pay them back, at least half of what they invested.

Still, we dona��t learn. The newest trick comes in the form of a�?online forex tradinga�? because of the a�?sweeta�? tongue and fake testimonies from dodgy dealers faking sophistication we still gravitate towards them.

I guess ita��s anything for that extra bond note but come on, at least it should make sense to you dear reader before you lose your money.

To guard onea��s self from these con artistes always exercise caution. For example, if they avoid answering questions such as, a�?Whata��s your addressa�? a�?Whata��s the name of your company, who owns it and provide papers as proofa�? then my brother or sister, you are entering the world of scammers as a victim.

Always do your own research on a company before you deal with them. You should seek independent professional or legal advice so you are not relying solely on the information the potential scammer gives you.

Failure to that there wona��t be anyone to blame (if the blame game makes you feel better), or a shoulder to lean on. Be wise. .

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