Home -
Industry -
Main body -

WikiFX Express

Exness
EC markets
XM
TMGM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
STARTRADER

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.

image.png

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.

img_v2_6e3cce6f-3780-4ebe-932f-b4d2f54e63ag.png
BrokerForex tradingForex BrokerForex newsforex marketScam AlertFraud Alert

Read more

IQ Option Review: Real User Experiences

IQ Option broker review: See what users say about trading experience, withdrawals, and platform support.

Original 2025-12-11 19:29

9X Markets Review: Is It Reliable?

9X Markets Broker explained: explore account types, trading tools, and reliability. Our review helps you decide.

Original 2025-12-11 18:33

WisunoFX Review 2025: A Complete Look at Costs, Trading Platforms, and Safety

WisunoFX is a trading company that lets you trade different types of investments. It has been running for 5 to 10 years and is registered in Seychelles. The broker lets you trade currencies (Forex), stock indexes, commodities like gold and oil, individual stocks, and cryptocurrencies. It offers itself as a good choice for traders around the world by providing the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. This review gives you an honest look at what WisunoFX offers. We will examine how it is regulated by two different authorities, compare the different account types you can choose from, and look at trading costs, including spreads and its very high leverage options. We will also check how well its platforms work and what real users say about it. This will help you decide if this broker is right for your trading goals.

Original 2025-12-11 18:10

Classic Global Ltd Review: Can You Trust This Broker or Are There Warning Signs?

When choosing an online broker, the most important thing for any investor is safety. The internet presents numerous opportunities, but it also poses significant risks. This brings us to Classic Global Ltd, a forex and CFD broker that has gotten attention recently. Potential investors are asking a crucial question: Is Classic Global Ltd. trustworthy? To answer this, you can't just rely on what the broker says about itself. You need to carefully look at whether it's properly regulated, its company history, and what real users say about it. This article gives you a complete, fact-based analysis designed to cut through the confusion. Our goal isn't to make a quick judgment but to show you the proven facts, so you can make a smart decision about the safety of your money. Doing your homework is the foundation of successful investing, and this review is an important part of that process for anyone thinking about Classic Global Ltd.

Original 2025-12-11 18:00

WikiFX Express

Exness
EC markets
XM
TMGM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
STARTRADER

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
EBC

EBC

Regulated
ACCM

ACCM

Regulated
XM

XM

Regulated
AVATRADE

AVATRADE

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
EBC

EBC

Regulated
ACCM

ACCM

Regulated
XM

XM

Regulated
AVATRADE

AVATRADE

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
EBC

EBC

Regulated
ACCM

ACCM

Regulated
XM

XM

Regulated
AVATRADE

AVATRADE

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
EBC

EBC

Regulated
ACCM

ACCM

Regulated
XM

XM

Regulated
AVATRADE

AVATRADE

Regulated

Latest News

FCA Waning list of Unauthorised firms

WikiFX
2025-12-09 19:42

Trading Knowledge is Wealth! Take the Daily Quiz Challenge and Win 1,000 Points!

WikiFX
2025-12-09 15:01

CommSec Regulation, Login Information & User Review : A Comprehensive Review

WikiFX
2025-12-09 17:47

Is Deriv Safe? A Deep Dive into Regulatory Claims vs. Withdrawal Nightmares

WikiFX
2025-12-11 16:29

Inside Darwinex Broker Review: Regulation Explained & Authentic User Complaints

WikiFX
2025-12-10 19:55

MIFX Regulation, Is This Indonesian Broker Safe?

WikiFX
2025-12-10 19:20

BLITZ finance Review 2025: Is It a Scam? License and Safety Evaluation

WikiFX
2025-12-10 17:18

The "Invalid Profit" Trap & The Withdrawal Maze: A Deep Dive into MultiBank Group

WikiFX
2025-12-10 13:52

B2CORE Update Enhances Forex Broker Operations and CRM Systems

WikiFX
2025-12-10 18:48

WisunoFX Review 2025: A Complete Look at Costs, Trading Platforms, and Safety

WikiFX
2025-12-11 18:10

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

PRIMEPIP EXPERTS

PRIMEPIP EXPERTS

ANCORIS

ANCORIS

PRIME TRADE BROKERS

PRIME TRADE BROKERS

GNAPAY

GNAPAY

AIOPTIONS TRADE

AIOPTIONS TRADE

GLOBAL FIRST CLASS TRADERS

GLOBAL FIRST CLASS TRADERS

SHARECOININVESTMENT

SHARECOININVESTMENT

AI-4-U

AI-4-U

LINKJELIBON

LINKJELIBON

CPT

CPT