Home -
Exposure -
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

Breaking! Graphene Manufacturing Group (GMG) absconded with the money - The website cannot be opened

GMG | 2023-05-15 18:45

Abstract:WikiFX just received the latest update about the Ponzi scheme at Graphene Manufacturing Group (GMG). The website of this firm is now unavailable. And many investors are still struggling to get back their money, which has been taken away by GMG fraudulently.

img_v2_d150f757-e632-42f0-9d35-b96c407d17eg.jpg

WikiFX just received the latest update about the Ponzi scheme at Graphene Manufacturing Group (GMG). The website of this firm is now unavailable. And many investors are still struggling to get back their money, which has been taken away by GMG fraudulently.

On social media group, the victim reported that the website of GMG can not be opened as the server can not be found.

image.png
image.png

Cases about the victims who were scammed by GMG

There are many victims who get in touch with WikiFX. And they want to expose the experience with GMG to the public so people can understand the disreputable behavior of this company.

One investor from Nigeria claimed that he totally invested 60000 Nigerian Naira in this platform. And eventually, he cannot get his money back.

image.png
image.png
image.png
image.png
image.png
image.png
image.png
image.png
image.png

According to above, the victim cannot contact GMG because there is no way to do so. There are many other cases that are similar to this case and we will show you in the near future.

Conclusion

shutting the website down is a typical sign that many Ponzi scheme use. This means they abscond with the money and victims cannot contact them.

As WikiFX had expected, GMG's previous statement that it would refund all of its clients' money was simply an excuse to scam. With such a statement, GMG hopes to calm the victims and buy GMG time to abscond with the money. Anger cannot undo one's loss. Investors must always be cautious and conduct thorough due diligence before investing their hard-earned money. They should work with reputable and regulated financial institutions that prioritize transparency, accountability, and investor protection. Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. WikiFX exposed this case to the public to remind all traders of the potential risks.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!

img_v2_f06dea27-3b02-4ac8-a5bc-3693f047da7g.jpg
Forex AnalysisForex newsForex Broker

Related broker

No Regulation
GMG
Company name:GMG (Overseas) International Holdings Limited
Score
1.50
Website:http://www.gmgoverseas.com/Pages/contactUs.php?lang=en
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

Read more

Fed Meeting Approaches: Can the U.S. Dollar Regain Strength?

No policy change, but shifting signals — will the Fed meeting steer the dollar’s next move?

Original 2025-06-16 20:55

ALERT! Morfin FX - The Scammer is Operating without a License

Morfin FX indeed has a nice trading software by which you can trade. But is it a safe bet? Does it carry any license? Can you withdraw money from it? Read our review of this forex broker.

Original 2025-06-16 20:26

ZFX: A Closer Look at Its Licences

In an industry where safety and transparency are essential, the regulatory status of online brokers has never been more important. For traders seeking to protect their capital, ensuring that a platform operates under recognised and stringent oversight can make all the difference. Keep reading to learn more about ZFX and its licenses.

Original 2025-06-16 18:27

XChief Offers $100 No-Deposit Bonus for New Verified Clients

XChief has launched a no-deposit bonus promotion that provides new clients with a $100 trading bonus without requiring an initial deposit. The promotion is intended to allow users to test the platform’s services and trading conditions before committing their own funds.

Original 2025-06-16 18:23

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

WikiFX Broker

FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
EC Markets

EC Markets

Regulated
Pepperstone

Pepperstone

Regulated
Blueberry Markets

Blueberry Markets

Regulated
FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
EC Markets

EC Markets

Regulated
Pepperstone

Pepperstone

Regulated
Blueberry Markets

Blueberry Markets

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
EC Markets

EC Markets

Regulated
Pepperstone

Pepperstone

Regulated
Blueberry Markets

Blueberry Markets

Regulated
FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
EC Markets

EC Markets

Regulated
Pepperstone

Pepperstone

Regulated
Blueberry Markets

Blueberry Markets

Regulated

Latest News

Why Your Stop Loss Keeps Getting Hit & How to Fix It

WikiFX
2025-06-14 08:00

ZFX: A Closer Look at Its Licences

WikiFX
2025-06-16 18:27

XM Rolls Out New Forex Trading Competition Platform for 2025

WikiFX
2025-06-16 17:05

Should you buy or sell US dollars in the next three to six months?

WikiFX
2025-06-16 15:18

Tradehall Broker Review 2025: Read Before Trade

WikiFX
2025-06-16 16:27

Inside MBI: The Billion-Dollar Ponzi Scheme That Shook Malaysia

WikiFX
2025-06-16 18:20

IronFX Review 2025: Is This Broker Trustworthy or a Scam?

WikiFX
2025-06-15 12:11

Exclusive Markets MT4 and MT5 Review 2025

WikiFX
2025-06-16 11:38

WikiFX “Elite Night · Bogotá” Concludes Successfully

WikiFX
2025-06-16 15:19

Is Copy Trading of AMarkets a Good One?

WikiFX
2025-06-16 16:09

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

OliveFX

OliveFX

ECSL

ECSL

EKOLFX

EKOLFX

MB Coalition

MB Coalition

KnightsbridgeFX

KnightsbridgeFX

UAG

UAG

HUAYUAN FUTURES

HUAYUAN FUTURES

Wali St

Wali St

OvalX

OvalX

KSmile

KSmile