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

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

For aspiring traders, forex trading offers immense opportunities but also significant risks. While trading with personal ...

Dele Oyewale, the spokesperson for the anti-graft agency said the suspects were arrested on Thursday March 20, 2025 in a ...

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

Forex traders in the U.S. enjoy the protection of a stringent regulatory framework aimed at safeguarding both consumers and traders against forex fraud. Prior to accepting U.S. traders, forex ...

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.

Its forex positions were naked and not hedged, leading to losses. Also, the bank failed to apply mark-to-market accounting.