Forex Scams In Latin America And Match-making Services For Retirees Overseas
June 5, 2009
"Kathleen, as to your reader's question about Forex Macro...
"I am heavily involved in this arena. These groups all look real, and many use incorporation papers with registered office addresses. Some do actually believe they can produce the profits they promise, but most are phony. They get US$50 from a lot of people up to thousands from several people. In the beginning, you can achieve a payout in most cases. However, the payouts do not usually last long, and many are gone within two months, the company's incorporation papers notwithstanding. Some of the papers are real, and some are phony, as well.
"If you can afford to take a high risk and the program is new, you might be able to achieve a profit. And there are a few that really do what they say. Those are 1 out of every 1,000 or so. Warn your reader to use his 'lottery money' only for this kind of an 'investment.'"
-- O.S., United States
"Can I get contact details for Bob W. who wrote in your last edition? I would be a great partner for someone living in a foreign country and would like to look forward to my retirement in a few years with someone like Bob for company.
"Maybe you could add a column or service to match like-thinking people of a certain age!"
-- Rebecca L., Abu Dhabi, UAE (not a place to retire!)
We'll put you in touch with Bob W. separately, dear reader. Meantime, you're not the first to suggest a Retire Overseas Online Match-making Service.
We're working on it.
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