Definition of «fraudulent brokers»

The term "fraudulent broker" refers to a person or entity that engages in dishonest practices while acting as an intermediary between buyers and sellers. This can include activities such as misrepresenting the facts, withholding important information, or outright lying about the nature of a transaction in order to gain personal advantage. In other words, a fraudulent broker is someone who engages in deceitful practices while acting as an intermediary between buyers and sellers for their own financial benefit.

Sentences with «fraudulent brokers»

  • Internet scams are always a threat to innocent people in the society and every day we come across many new investors who get cheated by fraudulent brokers. (fatpitchfinancials.com)
  • There are thousands of fraudulent brokers operating in Europe. (financemagnates.com)
  • The number of fraudulent brokers in the forex trading industry, especially in India, is quite high. (fxempire.com)
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