1 post • Page 1 of 1
ASIC-regulated Union Standard Group Forex (USGFX) has a hostage situation on its hands with a group of rogue investors holding employees of the Australian brokerage. A group of investors are holding three employees in a Shanghai office for nearly five days after losing money on foreign exchange (FX) trades, according to an FT report.
The London Summit 2017 is coming, get involved!
The hostage situation was the culmination of roughly $2.6 million in losses via multiple FX trades last week – for their part, a group of upwards of fifty investors stormed USGFX’s Shanghai office ... (read more)