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.


Mazi Finance is a trading company registered in Saint Lucia, an offshore location. Recently, it has received a lot of attention in the trading world. The company shows off many modern trading features, but when we look closer, we find many potential dangers. Before any trader thinks about opening an account, they need to understand the most important finding from our research: Mazi Finance does not have proper regulation. This single fact creates major warning signs about whether client capital is safe.

When you look for information about a forex broker, you often find a confusing mix of great reviews and serious warnings. This is especially true for Pemaxx, where traders have one main question: Is Pemaxx Safe or Scam? The internet has many different user experiences, making it hard to know what's true. This article won't give you a simple yes or no answer. Instead, we'll do an objective, fact-based study to help you make a smart choice. We'll look at the available information, focusing on real user reviews, common Pemaxx Complaints, and whether it follows proper regulations. By looking at patterns in both good and bad reports, we want to give you a clear picture of the risks and warning signs with this broker, helping you protect your capital.

The regulatory status of Pemaxx is a major concern for traders. When you search online, you can find the broker claiming to be regulated, but financial watchdog sites show serious warnings and user complaints. This creates a confusing and potentially risky situation for anyone considering an investment. The goal of this analysis is to clear up the confusion. We will examine the available information, explain the facts about the Pemaxx License status, and look at the risks for traders.

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