Home -
Industry -
Main body -

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
SBCFX
AVATRADE
FOREX.com
D prime

Police arrest 58 in Bangsar for online forex scam

WikiFX
| 2023-10-26 11:27

Abstract:In a recent operation, Brickfields district police chief ACP Amihizam Abdul Shukor reported the arrest of 24 local men, 32 local women, along with a foreign man and woman. The age range of those apprehended spans from 20 to 59 years. The raid resulted in the confiscation of 50 laptops, four mobile phones, nine computer tables, one wifi modem, and two investment banners.

image.png

On October 20, 2023, the police apprehended 58 individuals suspected of participating in an online forex investment scam at three different business premises in Bangsar.

Brickfields district police chief ACP Amihizam Abdul Shukor disclosed that among those arrested, there were 24 local men, 32 local women, as well as a foreign man and woman. Their ages ranged from 20 to 59. During the operation, law enforcement confiscated 50 laptops, four mobile phones, nine computer tables, one wifi modem, and two investment banners.

WhatsApp Image 2023-10-26 at 11.47.03_2b7503fe.jpg
WhatsApp Image 2023-10-26 at 11.47.49_930b399b.jpg

According to ACP Amihizam Abdul Shukor, their investigations revealed indications of an online forex investment scam. The syndicate utilized social media platforms to promote and offer these investments, targeting victims from various countries, including Malaysia, Vietnam, China, the Philippines, Singapore, and Europe. As part of the ongoing investigation, all suspects have been remanded until Monday, and they face charges under Sections 420, 511, and 120(B) of the Penal Code.

img_v2_6e3cce6f-3780-4ebe-932f-b4d2f54e63ag.png
BrokerForex tradingForex BrokerForex newsforex marketScam AlertFraud Alert

Read more

eToro Review 2026: Why Some Users Report Withdrawal Problems - and What the Evidence Shows

eToro, a United Kingdom-based brokerage entity, is facing serious user allegations concerning the basic facility a trader expects - Fund Withdrawal. Users worldwide are complaining about the lack of a withdrawal option, account restriction, and lack of customer support in real time. Many of their complaints appeared on credible broker review platforms such as WikiFX. In this eToro review, we have examined these complaints.

Original 2026-08-03 21:44

Fortex White Label in 2026: Can Your Liquidity Stack Scale Without Losing Control?

A Fortex white label can look like the fastest route to a modern branded trading environment, but a fast launch is not the same as a controlled launch. This 2026 broker guide explains what the Fortex platform is, where a Fortex broker solution can sit in a wider operating stack, and how to evaluate the difference between a white label, a server licence, and a connected CRM or Client Office setup. It also unpacks Fortex cost beyond the monthly headline, including implementation, integration, support, data, governance, migration, and exit assumptions. Use the practical questions, workflow tests, comparison table, and launch checklist to assess a Fortex provider without mistaking a feature demo for evidence that your brokerage can run the service safely at scale.

Original 2026-08-03 19:51

RBI's $40.82 Billion Forex Surge: A Bigger Rupee Shield—or Just Borrowed Time?

RBI's concessional forex swap facility had mobilised $40.82 billion by 31 July 2026, with FCNR(B) deposits providing $36.725 billion of the total. This India-focused analysis separates confirmed inflows from the $80–85 billion SBI Research projection, compares the 2026 programme with the 2013 FCNR(B) window, and explains what the numbers can—and cannot—do for the Indian rupee. It also shows how banks, NRI depositors, importers, exporters and institutional investors may be affected, while highlighting the oil, dollar, maturity and hedging risks that still matter for USD/INR and forex trading in India.

Original 2026-08-03 19:27

Spreadex Review: Wider Spread & Unexplained Account Closure Allegations for This 2-Decade-Old Broker

Did you incur trading losses on the Spreadex platform due to wider spreads? Have you experienced delays in trade processing by the United Kingdom-based forex broker? Has your Spreadex trading account been closed without any explanation? You are not alone! Many traders have expressed concerns on online broker review platforms. In this Spreadex review 2026, we have covered user allegations and provided a regulatory framework the broker operates under.

Original 2026-07-29 21:01

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
SBCFX
AVATRADE
FOREX.com
D prime

WikiFX Broker

FXTM

FXTM

Regulated
AVATRADE

AVATRADE

Regulated
STARTRADER

STARTRADER

Regulated
EC markets

EC markets

Regulated
TMGM

TMGM

Regulated
CPT Markets

CPT Markets

Regulated
FXTM

FXTM

Regulated
AVATRADE

AVATRADE

Regulated
STARTRADER

STARTRADER

Regulated
EC markets

EC markets

Regulated
TMGM

TMGM

Regulated
CPT Markets

CPT Markets

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
AVATRADE

AVATRADE

Regulated
STARTRADER

STARTRADER

Regulated
EC markets

EC markets

Regulated
TMGM

TMGM

Regulated
CPT Markets

CPT Markets

Regulated
FXTM

FXTM

Regulated
AVATRADE

AVATRADE

Regulated
STARTRADER

STARTRADER

Regulated
EC markets

EC markets

Regulated
TMGM

TMGM

Regulated
CPT Markets

CPT Markets

Regulated

Latest News

FxPro Review: Is This 1.80-Rated Broker Safe for Your Funds?

WikiFX
2026-08-03 15:00

Razor Markets Review: What Traders Should Know Before Depositing

WikiFX
2026-08-03 17:00

AGILE GLOBAL LIMITED Review: What Traders Should Know Before Depositing

WikiFX
2026-08-03 15:00

MASTER MIND CAPITALS Review: Withdrawal Complaints Pile Up Against This Unregulated Broker

WikiFX
2026-08-03 13:30

Mangaluru Woman, 61, Loses Rs 16.2 Lakh in Facebook Scheme

WikiFX
2026-08-03 11:00

ATFX Trading Volumes Drop 29% After Record Q1

WikiFX
2026-08-03 11:00

Why a 90% Win Rate Can Still Lose You Money

WikiFX
2026-08-03 11:30

AI GOLD Review: Is Your Deposit Safe?

WikiFX
2026-08-03 14:00

FD Review: What Traders Should Know Before Depositing

WikiFX
2026-08-03 13:00

OANDA Broker: Regulated but Is It Really Safe for Traders?

WikiFX
2026-08-03 14:41

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Nexorax pro

Nexorax pro

dlux profit

dlux profit

tradecenternow

tradecenternow

Apex Options

Apex Options

nextradexhub

nextradexhub

Everlaston

Everlaston

170okh

170okh

Apex Shores INC

Apex Shores INC

Alsetmarkets

Alsetmarkets

Fortune X Trade

Fortune X Trade