Monday, November 23

Tag: Online Trading Academy

Online Provider of Securities Trading Classes Faces Fraud Suit – Bloomberg Law
Online trading academy

Online Provider of Securities Trading Classes Faces Fraud Suit – Bloomberg Law

A California-based provider of securities trading and investment classes used false and misleading representations to sell itself to consumers who often ended up paying more for their education than they earned in trades, a proposed class action filed Tuesday in federal district court alleges.Online Trading Academy deceived consumers by claiming the online classes would allow them to generate significant earnings, and by misrepresenting consumer risk, success rates, and the expertise of course instructors, according to the suit. OTA has charged more than $370 million from U.S. consumers in the last six years for its program, the suit alleges.The...To read the full article log in. To learn more about a subscription click here.
London Academy of Trading launches premium packages for online courses – FE News
Online trading academy

London Academy of Trading launches premium packages for online courses – FE News

London Academy of Trading (LAT) has today announced the launch of two new Premium packages for its most popular online trading programmes, adding additional interactive virtual learning for all students.Students looking to gain new financial markets knowledge and trading skills online will now be able to enjoy added benefits for the 4-week Trading Skills Course and the 12-week Level 5 Diploma in Applied Financial Trading.The new premium options include all the benefits of the standard online courses, but live interactive virtual classroom sessions have been added to enable students to really grasp the concepts and practicalities of trading. Interactive trade plan development sessions and trading review sessions have also been added, to help students create a robust trade plan and then ...
Tradera Review: Live Trading and Market Forecasts Opportunity Academy – GainBitcoin
Online trading academy

Tradera Review: Live Trading and Market Forecasts Opportunity Academy – GainBitcoin

Tradera is a forex MLM company that offers a variety of financial services that include trading cryptocurrency and obtaining market forecasts.The company offers several services to clients, including online training programs, trade alert subscriptions, live trading webinars, and more.Clients can access all of these services by signing up for Tradera today at Tradera.org.Is Tradera legit? Is Tradera a multilevel marketing scam? Should you sign up for Tradera? Find out everything you need to know about Tradera today in our review. What is Tradera?Tradera is a financial services company found online at Tradera.org. The company offers a trading academy, trade alerts, live trading sessions, market forecasts, and more.At least, that’s what Tradera appears to be when you visit the offi...
Cotchett, Pitre & McCarthy Files Class Action Lawsuit on Behalf of Consumers Against Online Trading Academy for Fraud – Business Wire
Online trading academy

Cotchett, Pitre & McCarthy Files Class Action Lawsuit on Behalf of Consumers Against Online Trading Academy for Fraud – Business Wire

LOS ANGELES--(BUSINESS WIRE)--Today, Cotchett, Pitre & McCarthy filed a class action lawsuit on behalf of Amy Jine and Ana Biocini against Online Trading Academy (“OTA”) and its executives, Eyal Shahar and Samuel Seiden, for their nationwide fraudulent business scheme. The executives are also named for their individual conduct outside. OTA targeted consumers and elderly individuals in particular. OTA claims to offer consumers a low-investment, high-profit online trading strategy and charges each student up to $50,000. The vast majority of students who receive OTA training do not make the “substantial income” promised by OTA. Many students lost thousands of dollars trading on top of the money they spent on OTA training.The Federal Trade Commission (“FTC”) sued OTA in February and obta...
FTC Obtains Preliminary Injunction Against Investor Training Scheme Online Trading Academy – MyChesCo
Online trading academy

FTC Obtains Preliminary Injunction Against Investor Training Scheme Online Trading Academy – MyChesCo

WASHINGTON, D.C. — A federal court has granted the Federal Trade Commission’s request for a preliminary injunction to halt the alleged illegal practices of Online Trading Academy (OTA). The court had previously entered a temporary restraining order in the case.The FTC’s complaint against OTA, Eyal Shachar (also known as Eyal Shahar), Samuel Seiden, and Darren Kimoto, filed earlier this year, alleges that the defendants have used false or unfounded earnings and related claims to sell investment “training programs” costing as much as $50,000.The complaint also alleges that OTA has required consumers who have gotten refunds from OTA to sign contracts that limit their ability to speak to law enforcement agencies or post negative reviews about OTA.Under the terms of the pr...
Online Trading Academy (OTA) Sued in US over Money-Making Claims – Finance Magnates
Online Trading

Online Trading Academy (OTA) Sued in US over Money-Making Claims – Finance Magnates

The US Federal Trade Commission suspects an investment training and education firm called ‘Online Trading Academy (OTA) of fraudulent activities. The California-based entity, headed by former Israeli intelligence officer Eyal Shachar, organizes training and interactive workshops on investing in the stock and currency markets.In the opinion of the FTC, the odds organized by OTA offer useless knowledge for inadequately high rates, accusing it of fraudulently collecting more than $370 million from consumers over a six-year period.Online Trading Academy is a provider of financial education, offering web-based courses under the guidance of over 120 instructors. The Irvine-based day-trading academy has come under fire after the FTC accused its operatives of misrepresenting many facts abou...