Tag Archives: William Johnston Scam

Phoenix Trading is a Scam that Steals Credit Card Information

Binary Scam Alerts is posting a severe scam notice related to illegal activity, specifically credit card fraud conducted by the Phoenix Trading App and William Johnston from the Marshall Sherman Group. Our staff  has recently been swamped with a series of freighting complaints from traders telling us their credit cards were overcharged in an apparent conspiracy between Phoenix Trading and shady brokers operating out of Kazakhstan and Moldova. How Does the Scam Work? Traders are tricked by William Johnston into funding a binary options trading account with some shady unregulated brokers such as Optionmint or Inside Option. After depositing with their credit cards traders …