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.


Is withdrawal issue perennial for Phyntex Markets traders like you? Does the Comoros-based forex broker give you numerous excuses to deny you withdrawals? Faced account blocks when raising Phyntex Markets withdrawal queries? Feel that the broker’s customer support service does not exist for you? Many traders have openly expressed frustration on how the broker goes about its business on review platforms. In this Phyntex Markets review article, we have shared multiple complaints against the broker. Keep reading to know the same.

Have you made multiple unsuccessful attempts to withdraw funds from your Tifia forex trading account? Registered successful trades but could not withdraw because of inadequate customer support service? Have you been facing capital losses due to severe slippage on the Tifia login? These issues have become increasingly common for traders here. Many of them have made such allegations on broker review platforms. In this Tifia review article, we have explored some scam allegations. Take a look!

Is withdrawing capital from PaxForex too difficult for traders? Has the China-based forex broker made you trade gold, silver and cryptocurrencies despite not having an office in the United States? Do you find its operational style suspicious? You are not alone! Several traders have expressed these concerns when trading with the broker. In this PaxForex review article, we have exposed the broker through user comments made on several review platforms. Take a look!

Hija Markets is a new online trading company that started in 2024. It is run by a company called Hija Global Markets Ltd. Our research shows that while the company is registered as a business in Saint Lucia, it is not regulated by any financial authority. This one fact immediately raises serious questions about whether client capital is safe here. This review will carefully examine every aspect of Hija Markets, from what it promises to offer to the major warning signs we found, to help you understand the big risks before you invest here.