Great investigative reporting, too rare nowadays, deserves - TopicsExpress

Great investigative reporting, too rare nowadays, deserves attention and support. Here is a first-class exposé, published yesterday by David Evans of Bloomberg. Its about how an investment company operating in the Internet cloud created a virtual reality-like website that fooled roughly 100,000 investors on five continents into believing it was real. They wired in as much as $1 billion. Then, on May 1st, it vanished -- along with their money. Be sure to also watch the two-minute animation Im posting in the Comments section; its an advertisement that the fake company ran to attract investors. Kudos, David! bloomberg/news/2014-11-13/forex-investors-may-face-1-billion-loss-as-trade-site-vanishes.html

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