1. UNSTOPPABLE FOREX marketed by John Calub of the Money Magnet Seminar
Seminar fee is Php 6,000.00 only for introduction to forex which can be seen in youtube. The organizers of the seminar hide the fact that there is in fact one or more level up seminars which could total to more than 25,000. John Calub will pressure all the students to open a live account inorder that the investor will be given a 100 % bonus of his deposit when in fact that bonus cannot be withdrawn. John Calub and his forex "mentors" receive a big bonus each time their student or referral makes a trade using their specified broker.
2. GFX or GREATER FOREX INTERNATIONAL marketed by Ferdinand del Rosario owner/president of Betong's Pinoy Sarap Corporation.
This group offers an autotrade service wherein they will be the one to do the trading for the investors. They are very zealous in collecting monthly fees yet lose most of the accounts due to negligence then when contacted, there is no customer support.
Forex is new in the Philippines and scammers are taking the opportunity to make this the new wave of get- rich-quick scheme . Let the investors BE AWARE.
If you have just heard and met a stranger once, WHY ON EARTH WOULD YOU GIVE HIM YOUR HARD-EARNED MONEY? You won't even lend or give money to your childhood friend or your brother or relatives just because one day they show up at your front door and say "give me your money".
Think.Sleep.Wake up. And then think again!
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