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.

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.

Broker Forex trading Forex Broker Forex news forex market Scam Alert Fraud Alert

BDSWISS Review: Examining Withdrawal Denials, Slippage & Other Issues

Failed to withdraw funds from the BDSWISS trading account despite multiple attempts? Did the broker reject your fund withdrawal application without any reason? Did the high slippage lead to massive capital losses? Was the customer support team far from ideal? Many traders have reported these issues online. In this BDSWISS review article, we have examined several such complaints against the forex broker.

Original 2026-03-27 21:08

Evest User Reputation: Looking at Real User Feedback and Common Complaints to Check Trust

When your capital is at risk, trust isn't just a feeling - it's something you can measure. For traders thinking about using the broker Evest, one question is impossible to avoid: Is Evest a trusted partner for your investments, or does it put your investments at serious risk? The answer to this important question, "Is Evest Safe or Scam?", isn't found in the company's ads. You find it by comparing what the broker officially says with the real, often worrying experiences of actual users. This review won't rely on guessing. Instead, we'll take a deep look at the broker's legal status and, more importantly, the number and types of real Evest complaints. Our research is based on public information, mainly from the worldwide broker research platform, WikiFX, to show the truth about Evest's reputation.

Original 2026-03-27 18:02

Market10 Scam? Recent Allegations & Why You Should Be Wary

Investigate Market10’s regulation status and recent user allegations. Learn why caution is advised with this Forex broker. Read our Market10 review now!

Original 2026-03-27 17:25

IQ Option Review: Unveiling 2026 User Complaints and Regulatory Standing

Concerned about IQ Option? Explore recent user complaints and understand its regulatory status. Make informed decisions about your IQ Option login and investments. Act now!

Original 2026-03-27 17:12