"Millionaire Forex Trader" on Social Media Arrested for Scamming Over $150K

Robert Pulido, known as Berto Delvanicci on social media, flaunted his lavish lifestyle through forex trading to tens of thousands of followers. Through his multiple Instagram accounts, he claimed to be a 24-year-old millionaire, a successful forex trader, and the CEO and Founder of LionsOfForex.

Robert Pulido’s Instagram accounts

However, police have alleged that Pulido scammed at least three victims, stealing a total of $159,000. Authorities said Pulido promised to invest their funds using his purported forex expertise while charging them a monthly subscription fee for investment advice. Instead, his victims were left with nothing.

One victim first connected with Pulido in 2019 at the age of 18. Using inheritance money from his grandmother, he gave Pulido $75,000. Part of the investment was meant to fund the purchase of an Audi R8 for a car rental business the two had discussed. However, Pulido allegedly used the car for his own social media posts, never generating rental revenue, and the victim never received returns from Pulido.

Authorities also revealed that when the Federal Trade Commission began investigating, Pulido pressured his victims not to cooperate.Pulido was arrested last Saturday at Miami International Airport after arriving from Colombia. He has been released on a $45,000 bond.

In addition to his prominent Instagram presence, with the main profile boasting over 45,000 followers, Robert Pulido also gained attention through his YouTube channel. These channels are tools to perpetrate his forex fraud scheme. His website, lionsofforex.com, has been flagged as insecure and operates without proper authorization as a forex trading platform.

Robert Pulido’s YouTube channel LionsOfForex and the LionsOfForex website

BrokersView urges traders to avoid all social media accounts and websites linked to Robert Pulido, Berto Delvanicci, and LionsOfForex.