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Binary Options Follow-Up Schemes: Donât Lose Money Twice - Recovery Scams And IRS Impersonation Scams Are Common Cons

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The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning anyone involved in binary options trading through unregistered non-U.S. companies to be on guard for a one-two punch: losses followed up by potentially fraudulent pitches to help recoup those losses. Ploys include recovery scams and IRS impersonation scams.

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