Binary options scam isn’t worth the risk: CBA

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Net Patrol International Inc.  Data Investigation and Forensic Services
Bankruptcy and Insolvency Trustees

The pitch fraudsters use when selling binary options often goes something like this: “I made over $2,000 with binary options this week. What are you waiting for?”

“The promise of easy money can be alluring but if it sounds too good to be true, it probably is,” says Terry Campbell, President of the Canadian Bankers Association. “Consumers should be skeptical of websites offering binary options bets and instead take the time to research investment opportunities thoroughly to avoid taking a gamble that never pays off.”

Read more atGlobe News Wire

This article is summarized by Canadian Fraud News Inc.