Hi Terry,
Can I have your advice on FX?
I have several friends who invited me to invest in www.tfxi.com (TruimphFx) promised that they have been consistently getting a 4% return on a monthly basis.
This sounds too good to be true in my opinion.
Do you know if someone who invested in TruimphFX had actually successfully withdrawn their money?
Also, one of my friends told me that he has managed to accumulate a total of USD140K in their FX account and I supposed this is only good on "paper". Assuming,
if he were to withdraw the full amount of 140K, I'm not sure if his withdrawal accepted or not.
Just like HYIP in the past, they are actually using investors OWN money to pay back the investors but in a small percentage (over duration) and disguised as "profits".
Investors will get all hype up thinking they actually made profits and continue to deposit more money. At the end, when the bubble burst, they lost everything
including their capital as these numbers (profit) are only good on paper - NOT REAL MONEY.
So for those fake FX, do they operate in a similar fashion?

Thank you

Hi Terry,
Thank you very much for your advice. Much appreciate it.