logo
Share

Homepage

News

The Shocking Scam of CXM Direct: Investors Seek Help from InfoFinance

The Shocking Scam of CXM Direct: Investors Seek Help from InfoFinance

22 tháng 8 2024・ 17:11

In the digital age, as online financial transactions become an integral part of modern life, the risk of fraud from non-transparent trading platforms is on the rise. One name currently causing significant distress within the investor community is CXM Direct. According to numerous investor reports, this trading platform has engaged in dubious practices, not only causing them to lose profits but also unjustly withholding their initial capital.

Amidst this troubling situation, InfoFinance, a reputable organization dedicated to protecting investor rights, has received a flood of appeals for help from victims of CXM Direct. This article will expose the fraudulent schemes employed by CXM Direct and provide crucial advice from InfoFinance to help investors avoid similar pitfalls.

InfoFinance: The Last Hope for Deceived Investors

On May 9, 2024, an investor opened account number 510535 with CXM Direct and deposited $20,000, hoping to test their luck. After a period of trading, thanks to favorable market conditions, the account balance increased by more than $10,000. However, before the investor could fully celebrate, they were hit with a shocking blow: CXM Direct refused their withdrawal request.

Thiết kế chưa có tên (1).png

According to the investor's account, the platform accused them of engaging in "delayed trading," using this as a pretext not only to deny the withdrawal of profits but also to confiscate all the earnings they had made. What's more, CXM Direct provided no evidence to support this claim, leaving the investor feeling deceived and unfairly treated.

The investor insists that their trading style showed no signs of fraud and that they had endured several losses throughout their trading experience but continued to persevere. This situation has intensified their frustration, as CXM Direct remained silent during losses but quickly found excuses to withhold funds when profits were made.

Thiết kế chưa có tên (2).png

Refusing to remain silent, the investor has prepared to file a lawsuit against CXM Direct with the relevant authorities and is calling on other victims to join in protecting their rights. They have also reached out to InfoFinance, seeking support in reclaiming the unjustly seized funds and achieving justice.

This incident serves as a stark warning for anyone currently participating or planning to participate in the financial markets, highlighting the lack of transparency and potential for fraud within some trading platforms.

Advice from InfoFinance: Conduct Thorough Research Before Trading

Given the increasing number of investors falling into the traps of non-transparent trading platforms, InfoFinance emphasizes that thorough research into financial service providers is crucial. Especially in the digital era, with the rapid growth of online trading platforms, investors need to exercise extra caution.

Screenshot 2024-08-22 at 23.55.35.png

If you encounter a similar situation or have any complaints about a trading platform, you can submit a report to InfoFinance for timely assistance. The steps are as follows:

  1. Visit InfoFinance's official website at https://infofinance.com/
  2. Select "Report Broker/Khiếu nại sàn" on the homepage.
  3. Click on "Send Report/Gửi khiếu nại" to begin filing your complaint.

InfoFinance is always ready to support investors in dealing with trading platforms. Don't forget to follow InfoFinance's fan page at https://facebook.com/infofinance.official to stay updated with the latest news and receive timely support.

logo
InfoFinance do not provide investment advice. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks
Our partners
Hình ảnhHình ảnhHình ảnh

Social Media:

icon
icon
icon
icon
icon

CONTACT US

Support/consult to traders:

CS@infofx.vn

Hotline/Zalo/Telegram:

0904 096 829 / 093 1085 659