Finally, one of in our opinion, worst trading service providers is getting some well-earned karma.

"Federal Trade Commission Cracks Down on Warrior Trading For Misleading Consumers With False Investment Promises"

Investing Company and its Owner Will Pay $3 Million in FTC Case

Name: Warrior Pro Program

Website: www.warriortrading.com

Length of subscription: NA

Market during subscription: NA

Price: $5,995 per annum

This was an outcome most suspected, it was only a matter of time that has taken far too long in our opinion. The courses offered by Warrior Trading are very expensive costing thousands of dollars and we always suspected that they would never deliver on the claims made by Ross Cameron and the Warrior Trading team. It seems the FTC agree.

“Warrior Trading is paying a heavy price for misleading consumers with bogus money-making claims,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “The FTC will continue its crackdown on false earnings claims and phony opportunities.”

The sad part, is how many people lost their hard earned income paying for these course which they beleived would prpviden them with a winning strategy. Accordingy the the FTC: "From 2018 to 2021, the company made tens of millions of dollars selling its programs online". Now if that was the money spent on Warrior Trading programs, imagine how much money was lost attempting to execute on these porry designed and unpofitable systems, it must be 10X at minium, maybe even 50X, we just dont know.

"According to the complaint, the vast majority of customer accounts actually lost money, with numerous consumers losing thousands of dollars trading on top of the thousands they paid Warrior Trading"

Ross Cameron makes the following quote on his website homepage:

I wonder if he was reffering to the money spent on his unprofotable trading systems.

Another big concerning with this whole situation is how many so called review sites gave glowing review to Warrior Trading ... such as:

And the following:

The case found that Warrior Trading exhorted consumers by making the following statements:

• “Learn to Trade With Certainty Towards The Financial Freedom You’ve Always Wanted” 
• “Learn How I Made over $101,280.47 in Verified Profits Day Trading Part Time in Under 45 Days Using 3 Simple Strategies that You Can Use Immediately to Increase profits and Reduce Losses NOW!”
• “Start trading over my shoulder side-by-side with me because I guarantee you that next week, the week after, the week after that, I’ll be trading the one or two stocks each day that move up 20 to 30 percent.”

Overall it is a good outcome for consumers: The Commission vote approving the stipulated final order was 4-0, so a unanmious vote.

As part of the case, Warrrior Trading must:

• Pay consumer redress. Warrior Trading must pay $3 million to consumers harmed by its false earnings claims and phony opportunities
• Shut down bogus earnings claims. The order prohibits the company from making unsubstantiated earnings claims and misrepresenting that purchasers of their products can be successful in trade regardless of their educational background, the amount of capital they have to invest, or the amount of time they spend trading; and
• Prohibit TSR violations. The company is prohibited from further violations of the TSR, including making any misrepresentations through telemarketing about investment opportunities, including the earnings potential or amount of risk a consumer might face.