Legal Question in Business Law in California

I was surfing internet on 'How to make money online'. There I came across a website 'Internet Millionaire,' I bought their $200 valued ebook. In the ebook they show me a link to a website where they provide Forex signals to its members. Forex signals are something guide you when to buy/sell in Forex. I purchased its membership fee of $99/month. But I didn't profit anything after follow through their signals for a month.

I notice that Forex is too risky to trade. Why they sell me something to make money in a risky place.

Can I get back my loss in Forex? I spent some money in Forex to see what it is like and it looks as risky as the online casinos. It is unpredictable, and swindling up and down too often. I contacted my Forex broker about the difficulty of Forex, about the unpredictable market. I told them return my loss and I am out of investment. Tthey don't return my loss.


Asked on 9/10/09, 1:18 pm

1 Answer from Attorneys
Bryan C. Becker Your Lawyer for Life.

You would need an attorney to look at their marketing material, the agreements, etc., before giving you an idea of your course of action. If your losses were substantial, it may be worth pursuing. The forex "business" is rife with fraud and misrepresentation, your experience is not unique.

Best,

Bryan

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Answered on 9/10/09, 2:15 pm


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