CNBC’s Craig Bambury has uncovered the ForeX pyramid scheme, a complex financial instrument that allows people to buy and sell shares in a variety of forex exchanges.
Bambureys new book, The Forex Trap, is a fascinating look into the world of the hedge fund, but its even more fascinating when you consider how the scam works.
Here are the basics.
Forex is a stock market.
It’s where the prices of commodities are tracked.
It has many derivatives, which are bets on whether or not a price will change.
You make a bet on whether the price will go up or down.
The more derivatives you put in, the more chances you have to profit from the position.
It is a complex system that requires sophisticated financial instruments to facilitate trades.
The code of the Forextra pyramid scheme allows investors to make millions of dollars by investing in this pyramid scheme.
Here’s how it works:You create an account with an online broker, like Forex.com.
This broker is known as the Foreex.com operator.
The Forex operator then makes you a deposit.
This is what is called a “fund transfer.”
You deposit $100,000 into the fund.
The broker sends a check to you, for $100.
The operator then sends another check, for another $100 and so on, until you’ve paid off all of the funds you’ve deposited.
When you make your deposit, you’re getting a share in the company.
You get to keep all of your money and have all of this money transferred to your account at the ForeEx.com site.
The company then sends a payment to the broker’s account, which means that you’re making money from a deal that took place on the forex platform.
You can’t get money back from this deal.
If you make a withdrawal of $100 or more, you don’t get any money.
So if you have a withdrawal limit of $500, you lose money.
You’re then charged $1 for every $100 you’ve withdrawn.
You have to make a balance of $1,000 or more in your account before you can sell your share.
You sell your shares, and you receive $1 in exchange for your share, which is called the Profit.
The Profit is then credited to your bank account.
When your bank accounts balance reaches $5,000, the money goes back into your account and you get your Profit back.
You have to keep a balance to avoid the risk of losing your money.
If your balance goes below $5 and you don.t sell your position, you could lose money, or your position could disappear entirely.
The operator sends you a payment in the form of a check.
It also sends a message.
It tells you that the money is transferred to the company, and that you can’t withdraw it, because the company has withdrawn all of its funds.
The Operator tells you to “send another check.”
You send another check.
Then the Operator tells the operator that you are out of money, and he or she tells you you have two days to send a second check to the other company to cover the difference.
If that doesn’t work, you have another two days.
That second check is then sent to the operator’s bank account, and if you don-t send a check in that second check, you’ll be out of your own money.
Once you send the second check the operator tells you he or her will send another $1 and tell you to send another money order, and then the operator sends a third check to cover your withdrawal.
The third check is the operator telling you that you need to send more money to cover his or her losses.
That third check sends you another $2 to cover them, and so forth.
The Operator tells investors that he or She has “a certain amount of money in my account.”
Investors are supposed to send the money to the “owner,” or the ForeEX.com Operator.
The owner then sends it to the brokers account, who sends it back to the Operator, who then sends the money back to Investors.
The money is then put into the Forexa.com accounts, and it goes into the “account of the operator.”
It then goes into a “forex broker account.”
This is where the fraud starts.
The Forexa is a web-based platform.
It connects people to brokers who will send money to them, so that investors can get money to buy stock.
The brokers then send the broker money to their bank accounts, which then send it to other people’s accounts, where the money circulates.
The problem is that, in order for people to send money, they need to get a Forex broker’s contact information.
You could get this contact information from your bank, your credit card company, or any other financial institution.
This contact information is known by a name.
The name that