More than 300 victims of the Forex trading platform ROFX have filed a lawsuit against its founders for alleged fraud. According to the complaint, the defendants organized a large-scale international investor fraud scheme, urging them to deposit money in the Robotically Operated Foreign Exchange (ROFX) trading platform, which was to use automated trading algorithms on behalf of investors. Тhe fraudsters promised part of ROFX’s daily return, which never materialized.
As a result of the scam scheme, the victims suffered significant losses by investing in ROFX, being fraudulently convinced that they were investing in a legitimate forex trading platform.