6. Forex scam:
Forex scam is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading has become the “fraud du jour” as of early 2008, according to Michael Dunn of the U.S. Commodity Futures Trading Commission.
“The average individual foreign-exchange-trading victim loses about $15,000, according to CFTC records.