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Former Coastal Oil execs charged in $340 million scheme to cheat banks By Reuters

2020-06-12
By: Staff Writer

© Reuters. SINGAPORE (Reuters) – Two former employees of Singapore marine fuel firm Coastal Oil were charged on Friday for allegedly being involved in a series of offences to cheat eight banks of more than $340 million. Singaporeans Ong Ah Huat and Huang Peishi were charged with multiple counts ofRead More →

Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme By Reuters

2020-01-25
By: Staff Writer

© Reuters. Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha By Jonathan Stempel (Reuters) – The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett’s BerkshireRead More →

This ‘Ponzi scheme’ surrounding development leaves most cities and towns functionally insolvent

2019-12-16
By: Staff Writer

For a community, rapid growth is easy. Bolstered by state and federal funding, municipal bond debt financing as well as tax incentives and deferrals, cities and towns that want to induce new development have many means of doing so. With each transaction, they receive immediate fees and tax revenue, butRead More →

U.S. charges six investment bankers over insider trading scheme By Reuters

2019-10-22
By: Staff Writer

By Chris Prentice NEW YORK (Reuters) – U.S. prosecutors said on Tuesday they had charged six members of an insider trading ring who worked for firms including Goldman Sachs Group (N:), Moelis and Centerview Partners and allegedly booked tens of millions of dollars in illicit profits. The U.S. Attorney’s OfficeRead More →

Goldman Sachs investment banker charged in insider trading scheme By Reuters

2019-10-20
By: Staff Writer

© Reuters. Goldman Sachs investment banker charged in insider trading scheme By David Shepardson (Reuters) – A Goldman Sachs Group Inc (N:) investment banker was released on bond and placed on leave by the firm after allegedly being involved in an insider trading scheme, a bank spokeswoman said on Saturday.Read More →

Teva, other drug companies accused in sweeping U.S. price-fixing scheme: lawsuit By Reuters

2019-05-11
By: Staff Writer

© Reuters. FILE PHOTO: The logo of Teva Pharmaceutical Industries WASHINGTON (Reuters) – U.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices – sometimes by more than 1,000 percent – and stifle competition for generic drugs, stateRead More →

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Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.

Forex, futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell Forex futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. More over, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

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