While I largely agree with the points raised, I still believe using the word "scam" to describe the model promoted by these influencers is completely justified.
They flaunt unearned luxury, designer fashion, and sports cars online to sell false hope to the general public. They convince complete beginners that generational wealth is within reach if they simply buy their trading courses, join their VIP Telegram channels, fund a trading account, and follow their signals.
It does not stop at mere promises. They go as far as fabricating MetaTrader screenshots, manipulating backend developer tools on trading dashboards to record fake profit videos, renting exotic cars and luxury apartments for content, and staging lifestyle skits. All of this is engineered to deceive their audience into believing that retail forex is an easy, mastered craft. Even the absurd claim of withdrawing $9 million is part of this calculated performance, designed to project absolute financial authority and make it seem as though they simply print dollars from 5-star hotel rooms.
The entire objective is to funnel unsuspecting followers directly into their affiliated broker platforms. Followers deposit their hard-earned savings into these brokerages, where the influencers and the brokers know the money will inevitably be lost. Victims often end up depleting their savings or borrowing funds because, despite their mounting losses, they continue to see the guru flaunting exotic vacations to Dubai and high-end lifestyle content. This keeps victims trapped in the delusion that blowing account after account is simply the "sacrifice" required to attain the lavish lifestyle being displayed.
This is why every forex guru is forced to constantly stage wealth and manufacture unsubstantiated withdrawal claims: they must serve as a living symbol of hope that the system works. When victims finally go broke and quit, the blame is shifted onto them for not "working hard enough" or lacking discipline, mirroring the exact psychological manipulation seen in classic pig-butchering and affinity investment scams.
In essence, the system they market is a scam. For it to be considered legitimate, they would have to:
1. Stop fabricating screenshots, edited platform balances, and fake withdrawal videos.
2. Explicitly disclose their Introducing Broker contracts and admit that they profit directly when their followers lose money.
3. Publish verified, third-party audited track records rather than unbacked mobile screen recordings.
4. Clearly warn their audience that over 90% of retail traders lose their entire deposit on high-leverage CFD platforms.
If they provided these full disclosures and people still willingly chose to deposit their money, it would simply be high-risk speculation. But as long as it relies on manufactured evidence, hidden revenue models, and deliberate deception, labeling it a scam is entirely accurate.
@ayoalapafuja@Victor_Webflow Lemme ask you. If you put in honest work in your legal/ethical way, you're saying you don't need God to make it possible?!
The workflow feature for @FormatioCloud is now available for testing!
We currently have 2 nodes
- GitHub Event Listener
- Deploy (deploy target application(s))
More nodes to come and a lot more!
Uh, not everyone opposes from a "judgmental perspective". Arguments occur due to differences in opinion, fullstop. This difference may occur due to one party having more/less knowledge than the other, or just both parties having different perspectives, both 100% valid.
For example, here I am, opposing your argument, meaning you're also opposing my argument if you don't agree with me. Between us both, who doesn't fully understand the topic now? I hope you catch my drift.
@struckchure@digitvantMFB Omoo I dey POS place make I do transfer, next thing I hear na "Open your mouth, blink your eyes".
God bless you for this update bro!
"Please check your DM as you have been responded to, regarding this complaint." 🤡
About a month ago, my account got flagged. No notice, nothing. Mind you, I've been using this account, ACTIVELY, for years now.
Imagine someone receiving a "The transaction is considered suspicious and may not be completed" message when trying to send money to you. Yup, that's what I'm currently facing.
To top that off, I'm asked to verify my identity almost every single transfer I try to make. I find myself opening my mouth, blinking my eyes, or nodding my head in public, just because I want to transfer 3k at a supermarket.
Why am I suffering all this? Your guess is good as mine. And do you know who's even more clueless than you and I? You'll never guess it, but it's OPay's very own customer service personnel.
If useless was a competition, OPay's customer service staff would rig it to win, without even participating.
This particular issue has been going on for up to a month now and it's literally the exact same thing @OPay_NG has been telling me, "be confident that we'll fix this".
Nothing ever really works in this country, but at the end of the day, don't put all your eggs in one fintech basket. Especially not OPay.
Nigeria is an animal farm.
We all cannot pretend forever to want a fair country. Even those that are oppressed are waiting for their turn to oppress others.
It's literally just a game of chance and maybe health. It's not only wise, graceful, expert rapists (can't believe we have those), cheats, swindlers, deadbeats (how can you even put deadbeats in this category) and the likes that witness old age. There's nothing special about those of them that lived till 60-90. This is still a part of you falling for that "wisdom in elders" BS.