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
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.
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.
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.
IMPERIAL Regulatory Status: Understanding Their Licenses and Company Registration
If you're asking 'Is IMPERIAL a regulated and safe broker?', you are doing important research. This question is the most important one any trader can ask before putting capital into an account. The answer, based on our detailed study of available information, is clear: IMPERIAL Markets is registered as a company in Saint Lucia but operates without a valid forex trading license from any major financial authority. This finding immediately raises red flags, placing the broker under the labels of "Suspicious Regulatory License" and "High potential risk." For traders, this means working with IMPERIAL involves a significant level of risk that must be fully understood. This article will break down the details of the company registration, explain what its MetaTrader 5 (MT5) license really means, examine conflicting user reviews, and provide a clear guide for how you can protect yourself from the dangers of trading with unregulated offshore companies.
WikiFX Broker
Latest News
US Trade Deficit Collapses In October: Structural Shifts In Global Trade Revealed
WikiFXEURUSD Fails to Make New Highs
WikiFXSituation In Venezuela Adds To Dollar Uncertainty
WikiFXTP ICAP Expands Global Reach with Acquisition of Vantage Capital Markets
WikiFXDollar Dives and Metals Surge: Powell Investigation Sparks Institutional Crisis
WikiFXDollar on Edge: Supreme Court Tariff Ruling and Deficit Warnings Collide
WikiFXSilver Markets Face 'Liquidity Squeeze' Risk, Warns Goldman Sachs
WikiFXTop Forex Brokers Offering Free Demo Accounts
WikiFXDollar Reigns Supreme: Economic Resilience Eclipses Political Noise Ahead of
WikiFXGlobal Central Bank Policy Fractures: The End of "Synchronized Action"
WikiFXRate Calc
