Home -
Industry -
Main body -

WikiFX Express

EC markets
Exness
TMGM
XM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
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

ehamarkets exposed: Is Withdrawing Profits Impossible for Traders? Let’s Find Out!

ehamarkets is the focus of many traders on broker review platforms for all the negative reasons. Among the many complaints against the Malaysia-based forex broker, the withdrawal issue and the utter helplessness of the trader in recovering their funds stood out. The broker is accused of denying traders their funds using numerous excuses. So, if you were planning to invest in this forex broker, do not miss reading this ehamarkets review article. Take a look!

Original 2026-01-12 22:16

Bull Market Review: Reports of Withdrawal Blocks, Server Downtime & Capital Scam Allegations

Witnessed a complete halt on your Bull Market trading platform after a good run? Did you receive a poor response from the broker’s official upon the trading halt enquiry? Failed to receive withdrawals despite undergoing numerous checks by the forex broker? Is your Bull Market withdrawal application pending for months? Did you have to encounter massive trading fees on the Bull Market platform? These issues have become rampant here, and we have highlighted them in this Bull Market review article.

Original 2026-01-12 21:19

BitForex Review: What Traders are Saying About Fund Scams and Withdrawal Issues

Earned profits on the BitForex platform, but could not withdraw because of tax payment and other liabilities? Does the forex broker even flag your account with fake money laundering charges? Do you consistently face login issues when using the BitForex trading platform? Is your deposited capital directed to the wrong address by the forex broker? All these have become very typical of the way the broker goes about the business. Many traders have opposed the broker on several review platforms online. It’s time to check their comments in this BitForex review article.

Original 2026-01-12 19:59

FXPN Complete Review: Understanding the High-Risk Warnings and Trading Rules

For traders asking the important question, "Is FXPN safe and worth trying?", our research gives a clear and warning answer. After looking closely at its legal status, how it operates, and what users say, FXPN shows a high-risk situation that needs extreme care. We have gathered a quick summary to give you an immediate answer before you read the detailed results. The proof shows major warning signs that potential investors cannot ignore.

Original 2026-01-12 18:52

WikiFX Express

EC markets
Exness
TMGM
XM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
D prime

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Upway

Upway

Regulated
D prime

D prime

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Upway

Upway

Regulated
D prime

D prime

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Upway

Upway

Regulated
D prime

D prime

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Upway

Upway

Regulated
D prime

D prime

Regulated

Latest News

US Trade Deficit Collapses In October: Structural Shifts In Global Trade Revealed

WikiFX
2026-01-10 18:30

Situation In Venezuela Adds To Dollar Uncertainty

WikiFX
2026-01-11 20:56

EURUSD Fails to Make New Highs

WikiFX
2026-01-11 21:08

TP ICAP Expands Global Reach with Acquisition of Vantage Capital Markets

WikiFX
2026-01-12 15:28

RM2.95 Million Gone: Terengganu Director Falls for ‘High-Return’ Scam

WikiFX
2026-01-12 16:27

Trade War Crossroads: Supreme Court Ruling and Tariff Maze Threaten Economic Stability

WikiFX
2026-01-12 16:30

Dollar Reigns Supreme: Economic Resilience Eclipses Political Noise Ahead of

WikiFX
2026-01-12 16:50

Dollar Dives and Metals Surge: Powell Investigation Sparks Institutional Crisis

WikiFX
2026-01-12 16:25

The 'Just-in-Case' Era: Strategic Hoarding Ignites Commodity Supercycle

WikiFX
2026-01-12 16:40

Silver Markets Face 'Liquidity Squeeze' Risk, Warns Goldman Sachs

WikiFX
2026-01-12 17:20

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

BOLTPRIMEMAX TRADE

BOLTPRIMEMAX TRADE

Capital Matrix

Capital Matrix

REGULUS LIQUIDITY

REGULUS LIQUIDITY

Coin Swift

Coin Swift

bitsafe

bitsafe

CRIMSONWEALTHS

CRIMSONWEALTHS

SMART TRADES GLOBAL

SMART TRADES GLOBAL

WindFall Trade

WindFall Trade

EveryTrade24

EveryTrade24

ALUDRA MARKETS

ALUDRA MARKETS