A Hong Kong IT professional was defrauded of more than HK$2.7 million (US$345,095) after investing in gold through a fake trading platform, becoming the victim of the latest wave of online fraud. The scam came to light when the man reported the incident t

The Australian Securities and Investments Commission (ASIC) has announced the success of its ongoing efforts to combat investment scams. Nearly 3,500 fraudulent investment websites have been eradicated since ASIC launched its scam website removal feature

Overnight, the Egyptian currency collapsed. On March 6, local time, the Egyptian pound suddenly collapsed, reaching a historical low of 50.55 Egyptian pounds per U.S. dollar. The Egyptian Stock Exchange EGX 30 index fell sharply that day, closing down 3.0

"I lost all my hard-earned money and savings. I had sold the stocks I had personally invested in. I later realized that most of the members of the gang were fake and just part of an organized fraud ring, I have called the police now," said Sarkar, a 58-

In an era of high inflation and meager interest on savings, there is an increasing risk that investors will be dazzled by "high returns" and "guaranteed profits". It's not always easy to tell the difference between a high-risk (but legal) scheme and

On February 27, 2024, the Malta Financial Services Authority (MFSA) issued warnings to two unlicensed entities, Investoscope and Expert Advance Trade Ltd. Investoscope's website address is https://www.investoscope.io/, which claims to be a "Malta-direct

Recently, a Huiyou claimed that a netizen strongly recommended the AHF Ultra platform to him. He was tempted but also had some doubts, so he tried to check the platform's regulatory license, but was unable to find it, so he went to FX110 for consultation

Metropolitan Police have seized more than 1.4 billion pounds worth of bitcoins from a huge investment fraud in China, a London court heard on Tuesday, one of the largest cryptocurrency seizures by law enforcement worldwide. The suspects' attempts to laun

Imagine a once-in-a-lifetime opportunity knocks on your door, promising not only financial stability but immeasurable wealth through the magic of cryptocurrency. It was a dream that was sold to countless Kenyans in early 2024, but it quickly turned into a

Recently, popular trading applications MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have experienced accessibility issues in India. According to local media reports, these trading platforms owned by MetaQuotes have been blocked from the Indian Google Play St