A man ran through his family’s savings playing the foreign exchange market. His wife says he invested and lost more than $100,000.
With all their savings wiped out, the wife took to Facebook to vent anonymously about her husband, on the popular confessions pageAfter investing an initial US$3,000 with a friend in the marketplace for trading in international currencies, the husband wanted to try things out on his own. He put in another US$1,000 and lost everything.
Then he started borrowing from the bank. He borrowed $36,000 from a bank to invest. “This time I was unaware that he’d borrowed money from the bank, somehow I found out by myself so I warned him to stop this but he believed he will make profit but due to market fluctuations his borrowed money was about to finish in forex so to save the loss he needs to top up,” the woman said..