Forex trading scam?

This question is a duplicate of:
Forex trading scam?? 4 comments

Lately I’ve been seeing people who I know barely passed high school bragging about their “residual income” and 4 hour works weeks in forex. From what I understand, you have to recruit others to sign up for something called “IM Academy” so that your subscription to IM Academy stays free and you can continue to make profitable trades. You also make money off of others joining if you recruited them. This sounds very similar in structure to some other scams that have floated around in the past and I’m wondering what people think of this.

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