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.


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EMAR Markets, a South Africa-based forex broker, allegedly never misses the opportunity to disappoint its traders, according to their reviews. The user allegations present a disturbing picture, with users repeatedly complaining about pending EMAR MARKETS withdrawal processing in the pretext of a data review process that reportedly seems to have no end. They even accused the broker of withholding funds even after they paid the verification fee worth 2,000 to 5,000 yuan as requested. Some users complained about the not-so-meaningful updates and complete communication halt that further made the overall trading scenario precarious. In this EMAR MARKETS review, we have examined serious user allegations to provide an overview of the overall situation. To further help you assess its legitimacy, we have provided a regulatory framework of this company.