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Forex Investment In Panama…Too Good To Be True?

Live And Invest Overseas by Live And Invest Overseas
Jun 02, 2009
in Mailbag
0
Beware Of These New Senior Scams

“Kathleen, I have been reading all of your articles with interest. I am particularly interested in doing business with a company in Panama. I’m sure you know it, but I do not.

“Could you please tell me if “Forex Macro” is a real company or just a phantom of the Internet?”

— Dolf Y., United States

In fact, dear reader, I don’t know this group. Neither does anyone I’ve asked locally (including Panama attorneys we work with).

The company seems real enough. They provide their incorporation data on their website, so you could have your Panama attorney confirm that the corporation exists.

However, the investment proposal the group presents sounds too good to be true.

We’ve come across these kinds of claims before in this part of the world. High guaranteed monthly returns without any plausible explanation for where the money comes from to meet them or how they can be sustained.

The minimum investment in this case is US$50. I’m half-tempted to invest myself so I can report back.

As a serious investment, though, I have trouble taking an offer like this seriously.

Earn More Treasure Than Any Pirate Could Ever Dream In Colombia’s Tourism Capital

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Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

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