Millions cheated by binary reporting scam

Serious business in The Mail this morning:

Mail Online screenshot, Sept 21

Thousands of Britons – including many pensioners – have lost millions of pounds in a secret fraud known as binary options investments.

British police receive an average of two such fraud reports a day and victims have lost up to £200,000.

That comes just a few days after a Sunday Times investigation of binary-trading boiler rooms was cribbed by MailOnline:

Mail Online screenshot, Sept 21

Offshore betting firms are allegedly scamming Britons out of tens of thousands of pounds after luring them in on the promise of making them into financial traders.

Controversial binary options gambling group Banc De Binary has come under fire from some of its customers with one know to have reported them to Action Fraud.

All of which is important public-service journalism aimed at educating oh no, wait ….

Mail Online screenshot, Sept 21

Ah, but ….

Mail Online screenshot, Sept 21

Elijah Oyefeso, who says he owns both the Lamborghini and the Bentley, has told MailOnline he ‘just started laughing’ after the accident and is confident his insurance will cover the cost of repairs.

Well, the thing here is …

Mail Online screenshot, Sept 21

Like the movement of a currency in 30 seconds time, The Mail’s editorial stance on binary-option trading is impossible to predict.

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