Dating apps have become a hotbed for scammers trying to trick investors into making risky trades

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Dating apps have become a hotbed for scammers trying to trick investors into making risky trades
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Australian regulators are cracking down on 'contracts for difference,' a risky derivative product that often leveraged 200 to 500 times.

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Women are being paid to use dating apps to lure male investors into trading highly leveraged trades, according to theThe women are given commissions from brokers if they're able to convince traders to buy into"contracts for difference," or financial products often leveraged 200 to 500 times.

that brokers are spending more than $280 million a year on commissions for"introducers," which include women on messaging services and dating apps reaching out to traders.

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