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Yes, That Stock Trading Course You Are Looking at is a Scam
The longest-lasting marketing exploit in the age of the internet is hopefully coming to an end soon
The FTC’s mission is to stop fraudulent practices in the marketplace and protect the consumer.
Recently, they began cracking down on the stock market thieves and their marketing schemes.
Specifically, they’re going after “Online Trading Academy” who has “used false or unfounded earnings claims to sell “training programs” costing as much as $50,000. OTA has collected more than $370 million from consumers nationwide within the last six years.”
This is a long time in the making. Everywhere you look on the internet, there seems to be another stock market guru promising you infinite returns or easy tricks that someone can pick up to initiate instant profits. The marketing world is now saturated with this kind of illegal activity, and it seems like the Federal Trade Commission is beginning to magnify on the practices.
The people involved with this scheme, specifically, “are charged with violating the FTC Act and the Consumer Review Fairness Act.” The commission voted unanimously to move forward with the proceedings.
