Division Cautions Alaskans about Online Binary Options Schemes is an initiative taken by the Alaskan Securities Division to inform and protect Alaskan investors from fraudulent online binary options trading schemes. The Division's main goal is to raise awareness about online binary options scams, to help Alaskans avoid becoming victims of these scams, and to provide resources such as consumer tips and filing a complaint. The Division has identified three main types of online binary options schemes: high-risk investments, unauthorized trading, and outright fraud. High-risk investments involve investing money into unpredictable and highly volatile binary options. Unauthorized trading occurs when funds are transferred from an investor's account without their knowledge or consent. Lastly, outright fraud is when an online binary options trading company misrepresents their services or products, or misuses investor funds. The Division Cautions Alaskans about Online Binary Options Schemes initiative provides resources to protect Alaskans from these fraudulent online binary options schemes, such as consumer tips, filing a complaint, and other resources.
Division Cautions Alaskans about Online Binary Options Schemes
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