If you invested your "hard-earned pay" with this or any other fly-by-night operation, your money wasn't THAT hard-earned.
Greed has more to do with this kind of firm's appeal than any amount of cleverness on their part.
Know where you're putting your money and risk only that which you would, otherwise, bet in Vegas.
just a reply to your comment... have you or others out there who tend to assume about other people's situations should think twice. have you ever lived in a 3rd world country? do you have children knocking on your car's window asking for cents or food to spare more than a dozen times every single day? did you know that people who do manage to save on 3rd world countries look to 1st world countries because they believe that since the situation there is not so desperate, the investment firms would be more trustworthy and strong. it's even regulated by the NFA and CFTC. to us, if it's "regulated" by the US government it has the image of being constantly monitored. now i know it probably didn't mean anything. isn't the goal of being regulated to actually be regulated to boost investor cofidence?
did you know we only have a few publicly traded companies here that are active? i know the US has thousands.
online banking was recently introduced. noone knows about futures or options or commodities and even stocks!
the basic salary is Php 8,000 per month which is equal to $160. can you live on $160 a month? will you take a job that pays $160 a month. And no, the cost of living here isn't any lower since competition from businesses is rare. They have alliances so they collectively try and keep the price to their liking. Our phone bills are more expensive. We don't have many options to choose from. There is only one electricity distributor so we don't really get to choose, and they get to monopolize and set the price. A small 40 square meter pad in the city costs $150,000 in a one year to pay contract.
Cars costs double since we have to pay import taxes.
Sorry, I don't mean to pick on you, just want to shed some light on the effects of clowns like walsh and martin have on people trying their best to grow what they have instead of spending it on luxuries like good food or decent clothes. but every penny saved in poverty stricken, overpopulated countries like mine is really hard earned. Our term for it is "earned through blood, sweat, and tears." So forgive me for wanting to see justice served for what these d*ckhe*ds did. I'm not greedy. I hedged currencies earning only a few dollars everytime swap was given. I'm sure not all 1world customers are from 3rd world, but there are some who are.