Have you seen all the TV ads, trying to get you to trade currency? If you read financial publications, you probably see ads there too. Trading currency is a tough thing to do for professionals. They can lose a ton of money every time they trade. But there is a higher risk for amateurs because of all the criminal outfits out there. These rogue traders offer to trade your money for you using their “proprietary method.” But what they really do is take your money and spend it. It’s a classic “ponzi scheme.” One man ripped people off for $30 million. With it, he bought an island, a yacht and land in California. Don’t give these people anymore money. If you get a phone call about currency trading, hang up. Even if it’s legitimate, you’re likely to lose money.