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

LONG ASIA Exposure: Traders Report Fund Losses & Long Withdrawal Blocks

Long Asia Group, a Saint Vincent and the Grenadines-based forex broker, has come under increasing scrutiny as a growing number of traders report troubling experiences with the broker’s operations. User feedback highlights recurring issues such as delayed or blocked withdrawals, sudden communication breakdowns, and a lack of clear accountability once funds are deposited. Several traders claim that while small withdrawals may initially go through, larger payout requests often face unexplained obstacles. More concerning are allegations suggesting that the broker may no longer be operating transparently, with users reporting prolonged silence, unresolved complaints and suspected fund mishandling. These patterns have raised serious questions about Long Asia Group’s reliability and overall legitimacy, prompting traders to exercise extreme caution before engaging with the broker. For more details, keep reading this LONG ASIA review article, where we have elaborated on the traders’ pain wit

Original 2026-02-04 20:09

MY MAA MARKETS Review: Are Withdrawal Blocks and Regulation Gaps Real?

Has your MY MAA MARKETS forex trading experience been nothing short of a financial misery? Do you fail to gain the forex broker’s approval for fund withdrawals? Were you denied withdrawals on the grounds of fake accusations concerning system abuse and hedging? Does the broker deliberately cause you unwarranted slippage as you start executing winning trades? Do you feel the broker is unregulated? Your concerns seem genuine, as many traders have accused the broker of serious financial misconduct. In this MY MAA MARKETS review article, we have investigated some trader complaints. Take a look!

Original 2026-02-04 18:12

AssetsFX Scam Alert: 5 Warning Signs Traders Should Know

AssetsFX exposure reveals 5 scam‑like warning signs: unregulated operations, shaky fund safety, and alarming trader complaints you can’t afford to ignore.

Original 2026-02-04 18:11