The MyChargeBack Blog

Canadian Securities Administrators (CSA) Logo

Canada Bans Binaries

Congratulations to Canada, which has now become the latest country to adopt regulations that are designed to cripple fraudulent online binary options schemes.

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British Watchdog Warns about Forex Scams

In response to a growing number of complaints about unauthorized forex trading and brokerage firms, Britains Financial Conduct Authority (FCA) recently published advice to help investors avoid scams and instruction to guide them if and when they disc

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Financial Services Board (FSB) Logo

Forex Fraud Targets South Africa

Following a series of complaints, South Africas Financial Services Board (FSB) has found that a local forex trading platform has been operating even though it never conducted any trading. Approximately 3,000 people had paid 52 million rand into what

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Singapore Police Force logo

An Ounce of Prevention

Add Singapore to the list of countries actively pursuing online binary options scams. Thats a significant development, since the small city-state is one of the worlds major commercial crossroads and hosts one of the worlds busiest ports.

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Log and Insignia of the Justice Department's Federal Bureau of Investigation (FBI) Division.

A Warning from the FBI

The Federal Bureau of Investigations isnt known for mincing its words. Today it issued a blunt announcement that binary options fraud is a growing problem and one that the FBI currently has in its crosshairs. The FBI explicitly warns:

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Lake Moraine, Alberta Canada girded with trees and the Canadian Rockies in the background

Go After These Guys

Last December, just before Christmas, a Canadian retiree and father of four named Fred Turbide entered his Edmonton, Alberta garage and shot himself to death. He had invested his entire life savings into an online binary options scheme and lost it al

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