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Jason Sanders Scam Exposed: A Fictional Expert Created by ForexPhyx & AIC
FTI News2025-09-05 01:55:03【Foreign News】3People have watched
IntroductionHow do I open an account if I want to trade foreign exchange,China's top ten companies that earn the most foreign exchange,In the world of online investment, a dazzling name—Jason Sanders—has been meticulously crafted to ca
In the world of online investment,How do I open an account if I want to trade foreign exchange a dazzling name—Jason Sanders—has been meticulously crafted to capture the trust of investors. His "official" resume appears flawless: holding both a Ph.D. in finance and the Chartered Financial Analyst (CFA) designation, with a stellar career spanning over thirty years at top financial institutions like JPMorgan Chase and Morgan Stanley. He is portrayed as the founder of the American Investors Club and co-founder of the forex platform ForexPhyx, a wise and generous industry leader.
However, this seemingly impeccable financial authority is, in fact, entirely fictitious. He is a virtual spokesperson concocted by fraudsters to execute their fraudulent schemes, a non-existent "financial guru" crafted by the partnership of the American Investors Club and the ForexPhyx platform.

Why the Scam Needs a "Jason Sanders"?
Creating such a virtual persona is a key strategy in modern online investment scams, with profound and precise objectives:
- Establish Personal Trust: People are more inclined to trust a relatable "person" with a story than a cold website or platform. Jason Sanders' image personifies the scam, as his compelling story and "professional" background quickly bridge the gap with investors, building emotional connections and trust.
- Create Authority Worship: Scammers leverage the public's reverence for authority by attributing CFA, Ph.D., and Wall Street executive labels to Jason Sanders. This "halo effect" leads investors to subconsciously consider his judgments and recommendations infallible, foregoing independent thinking and risk assessment.
- Craft a Spiritual Leader for Manipulation: Within the American Investors Club, Jason Sanders is fashioned into a spiritual leader. Investors feel fortunate to be personally guided by the "master," fostering a sense of belonging and superiority. This community atmosphere easily generates peer pressure, prompting victims to unhesitatingly channel their funds into designated platforms under the "advisor's" direction.

The Core Tool of the Scam: ForexPhyx Platform
ForexPhyx is the "harvesting" tool of this scam. It is disguised as a legitimate trading platform regulated by multiple countries, including the U.S. NFA, but in reality, it's a fake website entirely controlled by fraudsters without any genuine regulation. All trading data and account balances can be arbitrarily manipulated from the backend. Once investors deposit money, it disappears into a void, and any withdrawal request is met with various excuses for denial.

The Scam's Front-End Entry: American Investors Club
The American Investors Club (AIC) serves as the scam's "front-end" and "traffic gateway." Its function is:
- Promotion and Packaging: Through websites and social media, it heavily promotes the false image of Jason Sanders and the club's "professionalism."
- Attracting and Filtering: It draws potential victims interested in forextrustindex and facilitates one-on-one communication through so-called "assistants" or "customer service."
- Building Trust and Guiding: Within the club community, it shares fake "profit screenshots" and "trade signals," ultimately converting all trust into one action—guiding users to register and deposit on the ForexPhyx platform.
Familiar Script: From "Ethan James" to "Jason Sanders"
Creating a virtual "mentor" to execute fraud is not unprecedented. This technique is identical to the NKVO platform scam we previously exposed.
According to victims who previously reported to us, another fictional "mentor"—Ethan James—lured them into joining another fraudulent platform, NKVO, by directly recommending it with false guarantees of "surefire profits."
The entire process closely mirrored Jason Sanders' narrative:
- Mentor Recommendation: Ethan James zealously recommended the NKVO platform.
- Small-scale Trial: The victim initially invested $200.
- Fake Profits: The account showed the balance grew to $2000 in just 50 days, creating an illusion of massive gains.
- Withdrawal Denied: When the victim attempted to withdraw, the platform refused the request with various excuses, eventually exposing the scam.
From NKVO's "Ethan James" to ForexPhyx's "Jason Sanders," it's clear that fraudsters simply swapped the platform name and the "mentor's" name and avatar, while the underlying fraudulent logic, script, and process remained unchanged.
Conclusion: Beware of the "Perfect Persona" in the Digital World
The very existence of Jason Sanders serves as the biggest warning signal of this scam. He is a meticulously crafted, perfect "lure." For investors, it is crucial to recognize:
- No Perfect Mentor Exists: The credentials and background of any financial professional can be verified through public, authoritative regulatory websites, such as the U.S. FINRA and SEC. A "guru" that cannot be independently verified is almost certainly fake.
- Beware of High Returns Promised by "Insider Tips": Any investment opportunity guaranteeing "surefire profits" is a trap.
- Trust Regulation, Not Personas: When choosing an investment platform, the only thing to trust is strict financial regulatory licenses, not a glossy website or a charismatic virtual persona.
When you encounter the next "Jason Sanders" online, be sure to keep your eyes open. Before you invest real money, remember that the seemingly perfect mentor on the other side of the screen is likely a fictional mask tailored for your wallet.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
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