Police warn Binary Option BO trading platform with signs of fraud

Police warn Binary Option BO trading platform with signs of fraud

The Ministry of Public Security today announced that its Department of Cyber Security and Hi-tech Crime Prevention (A05) warned Binary Option BO trading platform on the cyberspace with multi-level marketing aiming to defraud and appropriate participants' assets.
Some cashback websites may be operating on pyramid schemes

Online pyramid schemes on the rise

Many cashback websites and smartphone apps dealing with virtual currencies are showing signs of illegal pyramid schemes and fraud, warned the Department of Competition and Consumer Protection under Ministry of Industry and Trade.