Smart People, Costly Scams: Education Isn’t Enough
Sundramoorthy said investment scams continued to ensnare victims from all walks of life, including highly educated professionals accustomed to analytical and evidence-based thinking
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Abstract:The Rugby World Cup Sevens will be played over three days at the Cape Town Stadium featuring 24 men’s and 16 women’s teams from around the world.

Sydney, Australia: IC Markets, one of the worlds largest Forex CFD brokers, has announced today that it is an Official Global Partner for the Rugby World Cup Sevens, taking place in Cape Town, South Africa between 9th and 11th September 2022.
The Rugby World Cup Sevens will be played over three days at the Cape Town Stadium featuring 24 men‘s and 16 women’s teams from around the world. IC Markets joins DHL, Castle Lite, FNB and TUDOR as a Global Partner.
An estimated 165,000+ fans are expected to travel to South Africa for the event, which will take on a festival atmosphere on a global scale. The three-day carnival of high-octane rugby sevens action marks the reopening of South Africa to tourism and is expected to bring millions of foreign dollars into the South African economy.
Under the partnership terms, the IC Markets brand will gain exposure to live and broadcast audiences totaling an estimated 31.5M fans in 224 territories worldwide, and 23.4M via social engagement.
Reflecting IC Markets‘ strength in technology and analytics, IC Markets has branding and ownership of the game statistics during the matches, further aligning with the company’s creed: “Our Strength is in the Numbers.”
IC Markets operates in 200 countries around the world. Its 200,000+ active traders take advantage of IC Markets competitive pricing, low spreads and ultra-fast institutional grade trading, totaling USD$1.11 trillion in volume traded (March 2022).
IC Markets has long been a supporter of sport and this new partnership follows the sponsorship of ‘The Ashes’ held in Sydney, Australia 2022, and Spain‘s La Liga and Germany’s Bundesliga professional leagues, in the 2021/22 season.
IC Markets CEO Andrew Budzinski said the company was pleased to have secured the opportunity to become a Global Partner for the Rugby World Cup Sevens.
This is a great opportunity to be a part of the reopening of South Africa. The Rugby World Cup Sevens attributes of a highly competitive and innovative sport are strongly aligned with our own IC Markets value proposition.
“IC Markets recognises the cult following of this prestigious sport and its track record for delivering incredible experiences for loyal fans. We are proud to be partnering with the Rugby World Cup Sevens and helping deliver a world-class celebration during this sporting event,” commented Mr Budzinski.
For more information contact:
Holly Clark
holly@bluechipcommunication.com.au
t: (+61) 452 069 936
Built by traders for traders, IC Markets is the worlds largest Forex CFD broker dedicated to offering exemptional trading conditions and world class 24/7 service to clients in over 200 countries around the world.
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As a result, IC Markets is the destination of choice for active traders worldwide who are seeking a trading environment that supports them to become a more confident and capable traders, delivering intuitive trading platforms with value-added tools and support for all trading strategies and styles.
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IC Markets is licensed and regulated in multiple jurisdictions. Please find all relevant risk warnings and websites below.
IC Markets (EU) Ltd is a limited company registered in Cyprus under company number HE 356877 and is authorized and regulated by the Cyprus Securities and Exchange Commission with License No. 362/18. Access the website: icmarkets.eu
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.27% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. Access the website: icmarkets.eu
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Sundramoorthy said investment scams continued to ensnare victims from all walks of life, including highly educated professionals accustomed to analytical and evidence-based thinking

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