The scam follows a familiar pattern. First comes the cold call — friendly, reassuring, and filled with financial jargon.

The foreign exchange market, commonly known as Forex (FX), is the largest financial Market globally, where currencies are ...

Mumbai: The Malad police have registered an FIR against five men for allegedly embezzling Rs 34 lakh in a cryptocurrency and ...

Hyderabad: In a disturbing new trend, a software professional from Hyderabad fell victim to a Rs 45 lakh investment scam after connecting with a fraud.

KUALA LUMPUR: Five individuals believed to be mule account holders were detained in connection with a forex investment scam. Bukit Aman Commercial Crime Investigation Department (CCID) director ...

There’s no question that investing abroad has been the smart ... and the true cost of forex quickly becomes apparent. A quick review of banks’ forex charges shows forex rates can vary between ...

However, while forex itself is legitimate, many scams disguise themselves as forex investment opportunities, often using multi-level marketing (MLM) or pyramid-style recruitment schemes.

According to investigators, the gang set up a fake company to entice unsuspecting investors with promises of high returns.

Chin was among nearly 400 victims who were suspected to have been duped through an alleged forex investment scam with collective losses up to RM100mil. Another victim, Ethan, said he and his ...

MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its ...