Schoolboy, 16, turns £150 into £61k in eight months

[Zoon]

https://www.thesun.co.uk/money/8907976/schoolboy-1...

Hmmmm Trading something but I doubt it's currency.

[anonymous-user]

These stories are getting younger and young.

"David, a 9 month old baby invested the spit-covered rusk he was chewing and used it to generate 2000% returns every day on the world's currency markets. He's now offering to teach people his secrets for warm milk and teddy bears"

[S11Steve]

Forex Trader? Sounds legit....

"So good is he now at currency deals, he has scores of clients who pay him £155 a time for his top tips." - so he's just another sign-up affiliate and not a trader....

Another additional one to watch on this thread then - https://www.pistonheads.com/gassing/topic.asp?h=0&...

[PorkInsider]

Definitely sounds legit.

Where do we send our £155?

[BlackLabel]

Absolute disgrace that the media still continue to print these stories without doing any proper background checks. They are just helping the instagram fraudsters to reel in more victims.

[BobToc]

Indeed. I almost (almost) have a sneaking admiration for his ability to get this printed in all manner of locations when it’s such obvious rubbish.

[Gareth79]

Interesting that many of them seem to use the same app. Some quick googling, and it's called MetaTrader, which is a legitimate platform used by traders with-end users who receive data and buy and sell.

It looks like it would be trivial to set it up with fake data, and allow a user to place trades which always appear to be profitable. Sure, you could write a fake app that makes it look like the same, but having a fully fake system where the user can do anything would look better.

[jakesmith]

anonymous said:

[redacted]

What do you want him to spend all that money on!?

[csd19]

jakesmith said:

anonymous said:

[redacted]

What do you want him to spend all that money on!?

A beard implant and some empty posh shopping bags?

[The Li-ion King]

La Liga said:

These stories are getting younger and young.

"David, a 9 month old baby invested the spit-covered rusk he was chewing and used it to generate 2000% returns every day on the world's currency markets. He's now offering to teach people his secrets for warm milk and teddy bears"

The kid still looks like someone who would mug you on the 158 bus though There's more to this story... apart from the Polo top, I can see no evidence of wealth... anyone can make their room resemble a branch of Sports Direct

[Countdown]

BlackLabel said:

Absolute disgrace that the media still continue to print these stories without doing any proper background checks. They are just helping the instagram fraudsters to reel in more victims.

It’s ckickbait- it drives readers to their website “YOU WILL NOT BELIEVE HOW MUCH THIS 16 YEAR OLD MAKES FROM THE COMFORT OF HIS BEDROOM !! (Plus tits!!) “ so it makes them money.

Arguably any idiot falling for this story and being scammed is learning a valuable life lesson....

[KingNothing]

csd19 said:

jakesmith said:

anonymous said:

[redacted]

What do you want him to spend all that money on!?

A beard implant and some empty posh shopping bags?

A hotel room, a £10 bottle of prosecco, and some prop US dollars? Maybe a cheap watch box, and some questionable rolex and omega's to go inside of it aswell.

Edited by KingNothing on Wednesday 24th April 07:32

Edited by KingNothing on Wednesday 24th April 09:41

[anonymous-user]

Zoon said:

https://www.thesun.co.uk/money/8907976/schoolboy-1...

Hmmmm Trading something but I doubt it's currency.

Hmmm. Taking the ‘commission’ himself, by the looks of it........

[pokethepope]

No 16 year old with cash in the bank would be seen dead with an iPhone that's at least three generations old and a pretty basic looking HP laptop

[Baby Shark doo doo doo doo]

S11Steve said:

Forex Trader? Sounds legit....

"So good is he now at currency deals, he has scores of clients who pay him £155 a time for his top tips." - so he's just another sign-up affiliate and not a trader....

Another additional one to watch on this thread then - https://www.pistonheads.com/gassing/topic.asp?h=0&...

You see lots of them selling their “advice” on Facebook. Stick up a fake betting slip with a big win, then offering their advice for sale seems the most common (plus the ‘fortune tellers’ who seem to be popular).