US Fiscal Monitor: Efficiency Office Cuts Jobs, But Spending Hits New Highs
The anticipated fiscal consolidation in the United States faces structural headwinds, keeping upward pressure on US debt issuance and long-term yields.
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Abstract: Recently, it seems that forex brokers have gradually gotten on the “Tinder Swindle” trend. Fraudulent forex brokers tend to lurk on dating apps to find their potential victims by exploiting romance and human emotions as a fast way to earn one’s trust.

Shenghui Group Ltd is a forex broker that provides online fx and CFD trading services.

Its official website is shgroupltd.com.

There is no registered address provided on Shenghuis website which is not a good impression, to begin with. A professionally set up forex brokerage should not have such an issue.
WikiFX recently received an Exposure submission from a Malaysian user named Michelle. She got to know a man on Tinder who recommended her to open an account with Shenghui Group Ltd. He prompted her to deposit USD 10k into the trading account with him as a guarantor.
Below is the complete description of the whole incident that was sent to WikiFX by Michelle:





Michelle also provided her accountant statement as evidence:




Prior to contacting WikiFX to mediate this case, Michelle approached another company named Fintr***.

They asked her to pay upfront as they claimed that is the only way they could retrieve her money back from Shenghui Group.

WikiFX would like to reiterate that we do not charge a single cent for helping victims of fraudulent brokers. Do not hesitate to seek help and/or advice from WikiFX if you have fallen into the traps of scammers.
You can reach WikiFX through the mediums below at any time and our customer service representative will get in touch with you shortly to help you out:


Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The anticipated fiscal consolidation in the United States faces structural headwinds, keeping upward pressure on US debt issuance and long-term yields.

If you are browsing social media or trading forums in regions like Latin America or Southeast Asia, you have likely come across ads for a broker named Exnova. They are currently experiencing a surge in popularity, holding an "A" ranking in Influence according to our data, with significant traffic coming from Mexico, Brazil, Colombia, and Indonesia.

If you are looking into the Indonesian forex market, you have likely crossed paths with MIFX (Monex Investindo Futures). They are significantly influential in Southeast Asia, particularly Indonesia, with a footprint expanding into Malaysia and Vietnam. But popularity doesn't always equal safety.

VenturyFX is a relatively new brokerage established in 2023 with its headquarters located in Mauritius. While the broker serves clients internationally, notably in regions such as Brazil/Colombia/Spain/Mexico, it currently operates without valid regulatory oversight. The broker holds a WikiFX Score of 1.37, which is considered low and indicates a high-risk environment for traders.