How FOREX SCAMS Took Over the Black Community ????

FOREX trading was pushed heavy in our communities, but behind the flashy lifestyle and promises of quick wealth lies a dangerous scam. In this video, I break down how FOREX and IM Academy misled people, the red flags you should know, and why so many got caught up in the hype. Don’t fall for the trap—protect your money and your future.

Tiktok Videos Referenced:

https://www.tiktok.com/t/ZTHWb9EDwgU3w-zYyLh/

How to Trade Forex:

https://www.home.saxo/learn/guides/forex/how-to-start-forex-trading

Sources on IML / IM Academy / IM Mastery

FTC, State of Nevada Take Action Against IM Mastery Academy for Deceiving Consumers
https://www.ftc.gov/news-events/news/press-releases/2025/05/ftc-state-nevada-take-action-against-im-mastery-academy-deceiving-consumers

IM Mastery | Federal Trade Commission
https://www.ftc.gov/legal-library/browse/cases-proceedings/im-mastery

IM Academy Faces Charges Over $1.2 Billion Training Scam – FinanceFeeds
https://financefeeds.com/im-academy-faces-charges-over-1-2-billion-training-scam

IM Mastery Academy Reviews – Trustpilot
https://www.trustpilot.com/review/im.academy

Is IM Academy Safe or a Scam Broker? – BrokerChooser
https://brokerchooser.com/safety/im-academy-broker-safe-or-scam

IM Mastery Academy Review – Scam or MLM?
https://www.charlesfloate.com/im-mastery-academy

The Dark Secrets of IM Academy: Whistleblower Reveals All
https://www.norran.se/english/skelleftea/artikel/the-dark-secrets-of-im-academy-whistleblower-reveals-all/rxvvng2l

IM Academy Review 2025: Pros, Cons and Pricing – Bullish Bears
https://bullishbears.com/im-academy-review


⚠️ Sources on Forex / Trading Scams

How to Spot a Forex Scam – Investopedia
https://www.investopedia.com/articles/forex/09/spot-a-forex-scam.asp

Forex Frauds – CFTC
https://www.cftc.gov/LearnAndProtect/forexfrauds

10 Signs of a Scam Crypto or Forex Trading Website (PDF) – CFTC
https://www.cftc.gov/sites/default/files/2023-04/SpotFraudSites.pdf

Forex Scams Explained – All You Need to Know (2025 Update)
https://www.dailyforex.com/forex-articles/forex-scams-15-may-2025/228368

Is Forex Trading a Scam? How to Identify and Avoid Forex Fraud – Investing.com
https://www.investing.com/academy/currencies/forex-trading-scams

Foreign Currency (Forex) Fraud – CFTC Advisory
https://kkc.com/advisories/foreign-currency-forex-fraud

Massive Global Forex Fraud Uncovered by FBI – Hedgeweek
https://www.hedgeweek.com/massive-global-forex-fraud-uncovered-fbi-hedge-fund

Stay Alert: How to Avoid Forex Trading Scams (2025)
https://tradingcritique.com/forex/is-forex-trading-a-scam


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