🚨 Dubai Police Bust Multi-Million Dirham Trading Scam 🚨

Dubai Police have arrested four individuals accused of running bogus online trading platforms that promised “quick and high profits” to lure unsuspecting investors.

The suspects operated under names such as Sigma-One Capital, DuttFx, EVM Prime, UTrade, EVA Markets, and Core Financial Markets, targeting victims through cold calls and social media ads.

Authorities say the stolen funds were funneled into overseas accounts, leaving victims with no way to recover their money.

⚠️ Warning: None of these platforms were licensed by UAE regulators (DFSA or SCA). Always verify a trading platform’s regulatory status before investing.

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