An interesting article on scam investments and binary options for the Instagram generation… and the influence of #richkidsofinstagram
www.theguardian.com/news/2018/apr/19/wolves-of-instagram-jordan-belmont-social-media-traders
The basic premise of these scams are “What wolves like Oyefeso fail to declare is that each of the trading platforms you sign up to (with a minimum deposit of £250) pays him around £40-80 – and that recruitment, rather than betting on these predatory financial products, is the way he makes his risk-free money (Oyefeso maintains he’s making money from trading).”
h/t LeFred24
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