Family of Edmonton man defrauded of $330,000 speak out

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

The family of the Edmonton man who ended his life after losing $330,000 to a binary options scheme are speaking out to prevent other Canadians from becoming victims of the scheme.

“They lure you in. They make you feel like you’re getting educated,” Fred Turbide’s son told Global News, “when I went through his computer, he had webinars set up.”


No binary options firms are legally registered in Canada. The online trading website that Turbide used, 23Traders, was based in Israel. The website no longer exists.

Read more at Global News

This article is summarized by Canadian Fraud News Inc.