Nghe An Education Department warns against teachers participating in illegal capital mobilization

December 2,Education UnionNghe An issued a document warning of the risks of participating in unlicensed capital mobilization exchanges.

Previously, recently, on social networks and many personal Facebook accounts, articles and promotional videos about trading floors that introduce themselves as trading in the foreign exchange field such as: Lion Group, Fxpro, FT Maket, Bonus DE Boxit... were frequently posted and shared on social networks and many personal Facebook accounts.

A multi-level seminar of MyAladdinz attracted hundreds of participants and was held grandly at Dai Hue Palace Building, Vinh City. Photo: document

However, according to authorities, the exchanges operate in the form ofmulti-level marketingnot licensed by the Ministry of Industry and Trade. Therefore, those who entice and persuade others to participate in this trading floor are also violating the law. In fact, after a while, when a large amount of money has been raised, the system will collapse, and investors will lose money.

The way these exchanges work is that investors create accounts to withdraw and deposit money. Then create additional accounts to trade on the foreign exchange market and deposit a minimum amount of money to the expert team. Participating in this exchange is promised to earn up to more than 20% per month.

Referrals who open an account will receive a trading commission based on the client's assets and trading volume.

In particular, this group includes officials, teachers, and workers currently working at educational institutions. Regarding this issue, Nghe An Newspaper has also published many articles reflecting and warning people to be careful when participating.

Multi-level capital mobilization in the 4.0 era 'surrounds' many teachers in Nghe An

(Baonghean.vn) - Although the Department of Education and Training to the department level has issued many prohibition documents, a series of teachers still openly participate in multi-level capital mobilization lines and then attract colleagues and relatives. Many people have lost hundreds of millions of dong just because of greed for high interest rates.

To promptly rectify the situation of participating in unlicensed trading floors, on December 2, the Nghe An Education Trade Union sent a warning document to the Department of Education and Training of districts, cities, towns and grassroots Trade Unions.

In particular, units are required to inform and propagate to officials, teachers and workers about the risks in participating in capital mobilization on electronic trading floors that have not been licensed by competent authorities.

Do a good job of political and ideological work; raise awareness among cadres, teachers and workers to be vigilant, avoid being taken advantage of by criminals to appropriate property and lure others to participate.

At the same time, promptly provide appropriate guidance to cadres, teachers and workers who show signs of participating in these forms.capital mobilizationnot permitted by law, affecting the reputation and image of the education and training sector.

Currently, through understanding in the area, there are a number of teachers in districts such as Yen Thanh and Thanh Chuong participating in many forms.multi-level marketingdifferent, even under the guise of charity. Therefore, through this document, the education sector hopes that cadres, teachers, and workers will raise their awareness and be cautious of invitations to avoid being taken advantage of or having their property appropriated.

Mr. Dang Van Hai - Chairman of the Education Trade Union