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In reality, its often all fabricated, with a small initial success meant to build trust, but nothing may actually be traded. In fact, they may use your credit or personal information to access even more funds without your knowledge. After they steal as much of your money as they can, they disappear. The majority of binary options operations are based in out-of-reach places overseas with few or no financial regulations.
Its common for firms offering fraudulent binary options to hide from authorities, regulators, and their victims with a variety of aliases and misdirection techniques.