Anna Magreta Greffrath, a research pharmacist in KwaZulu-Natal, South Africa was reading the news online one day when a pop-up advertisement about the world of stock options caught her attention. She followed it up and got a call on her cell phone from Roy Williams, a broker with Edgedale Finance. Although she had no prior investment experience, she decided to invest in binary options. Without legal or financial advice, she wired over the money. The trades allegedly began in July 2016. Over the next six months, she spent US$100,825.63 betting on the multi-billion industry that is binary options. There were…

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