What were the consequences faced by Liming after his investments went south?
A Global Scam Too Good to Be True
Interactive Video
•
Business, Social Studies, Other
•
University
•
Hard
Quizizz Content
FREE Resource
David Kane, an oil and gas manager, invested in secureinvestment.com, a forex trading site promising high returns. Despite red flags, he invested $2500, only to lose it when the site vanished. Tad Liming, another victim, lost $22,000. The site used fake testimonials and was unregulated. The retail forex market is rife with fraud, and regulatory challenges persist, leaving small investors vulnerable.
Read more
3 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 1 pt
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
What advice would you give to someone considering investing in the retail forex market?
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
What actions have US authorities begun to take regarding investment fraud?
Evaluate responses using AI:
OFF
Similar Resources on Quizizz
3 questions
Diginex Absolutely Embraces Regulation of Cryptos, CEO Says
Interactive video
•
University
6 questions
JPMorgan Faces U.S. Criminal Probe Into FX Trading
Interactive video
•
University
2 questions
Preventing Occupational Fraud: Key Findings and Reflections
Interactive video
•
University
3 questions
Spreading the Popularity of Crowdfunding
Interactive video
•
University
2 questions
Looking For Seasonal Work? Here's How To Avoid Being Scammed
Interactive video
•
University
3 questions
Online Scammers Use New Backdoor to Europe: Latvia
Interactive video
•
University
6 questions
Meet the Hedge Fund That Guarantees Clients' Money
Interactive video
•
University
3 questions
Robinhood Faces Mounting Claims of Compromised Accounts
Interactive video
•
University
Popular Resources on Quizizz
10 questions
Chains by Laurie Halse Anderson Chapters 1-3 Quiz
Quiz
•
6th Grade
20 questions
math review
Quiz
•
4th Grade
15 questions
Character Analysis
Quiz
•
4th Grade
12 questions
Multiplying Fractions
Quiz
•
6th Grade
30 questions
Biology Regents Review #1
Quiz
•
9th Grade
20 questions
Reading Comprehension
Quiz
•
5th Grade
20 questions
Types of Credit
Quiz
•
9th - 12th Grade
50 questions
Biology Regents Review: Structure & Function
Quiz
•
9th - 12th Grade
Discover more resources for Business
10 questions
Identifying equations
Quiz
•
KG - University
16 questions
Chapter 8 - Getting Along with your Supervisor
Quiz
•
3rd Grade - Professio...
6 questions
Railroad Operations and Classifications Quiz
Quiz
•
University
71 questions
Logos
Quiz
•
3rd Grade - University
8 questions
Mali - Geography
Quiz
•
University