Police arrest 58 in Bangsar for online forex scam
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.
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.
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.
Read more
The 6 Best ECN Brokers for 2026: Who Really Delivers Raw Spreads and Institutional-Grade Execution
Every broker with a marketing budget now slaps the letters "ECN" on its homepage. Few of them actually deliver what those letters promise. For a serious trader — a scalper, a day trader, an algo trader, anyone whose edge lives or dies on execution quality — the gap between a true ECN broker and a market maker wearing an ECN costume can quietly cost you hundreds of pips a year in slippage, requotes, and inflated spreads. So we cut through the marketing, looked at the brokers that genuinely offer raw pricing and deep liquidity, and cross-checked every one of them on WikiFX. Here are the six ECN accounts that actually earn the label in 2026 — ranked. First, a short primer, because understanding ECN is what lets you judge these brokers properly.
FX Novus vs VCG Markets:Two Brokers, Two Very Different Kinds of Risk — Which One Is the Lesser Evil
If you have been shopping around for a forex broker and landed on FX Novus and VCG Markets, you have stumbled onto a genuinely instructive pair. On the surface they look like cousins: both are relatively young, both wave around multi-asset trading and tight spreads, and both operate from the kind of offshore corners of the world that should make any beginner slow down. But dig into the data on WikiFX and the two part ways sharply. One carries active, screaming red flags. The other is merely standing in a yellow zone. Neither is what a cautious newcomer would call "safe" — but understanding how they differ is exactly the kind of lesson that protects your money. Let's put them head to head, decode the jargon along the way, and reach an honest verdict.
Deposited at New Frontier, Then Locked Out—Funds Never Came Back - The Real Story of a Trader
There are few feelings in trading more sickening than this one: you funded your account, you walked away confident your money was safe, and when you came back to check on it, the platform calmly informed you that your login details were wrong. Not your trades — your very identity, locked out. And on the other side of that login screen sits a balance you can no longer touch and a support team that has gone silent. That is the heart of a complaint filed against New Frontier on WikiFX. One trader reported depositing 40,500 pesos, returning to log in with the exact email and password they had registered, and being told the data was "incorrect" — which, in their words, meant their earnings had simply been taken. Customer service, they said, did not react. Let's look closely at this broker, what makes its profile so unsettling, and why verification here is not optional.
WikiFX Successfully Concludes the Journey at Wealth Expo Colombia 2026, Further Expanding Influence
On May 30, WikiFX participated as an official partner at Wealth Expo Colombia 2026, engaging in extensive exchanges with investors, trading professionals, IBs, KOLs, fintech institutions, and industry partners from Latin America and around the world. The event attracted significant attention on-site, once again demonstrating WikiFX’s growing brand influence and industry recognition across the LATAM market.
WikiFX Broker
Latest News
BONUS Review 2025: Is This Forex Broker Safe?
WikiFXTrading.com Secures MiCA Licence in Cyprus as Crypto Access Becomes Part of Its EU Strategy
WikiFXThe Hidden Risks of Margin Calls and How to Trade Trends Safely
WikiFXT4Trade Review 2026: Official Warnings and Withdrawal Risks
WikiFXLONG ASIA Review 2026: Withdrawal Complaints and Unverified Regulation
WikiFXTotalFX Dangles 1:1000 Leverage and a $0 Minimum Deposit - But Is Its Regulation Strong?
WikiFXPay a 17% Tax First, Then You Can Withdraw" — How Nixse Allegedly Held One Trader's €25,000 Hostage
WikiFXHow to Read Market Reversals Through Price Action and Indicators
WikiFXA Single TikTok Ad Cost Him RM100,000
WikiFXLONG ASIA Review: Broker Complaints, Regulation Gaps, and Withdrawal Alarms
WikiFXRate Calc
