Dubai Police Arrest 4 in Multi-Million Dirham Trading Scam 🚨

Dubai Police have arrested four suspects accused of running fake online trading platforms that promised “high & quick profits” to lure unsuspecting investors.

The group operated under names like:

🔹 Sigma-One Capital

🔹 DuttFx

🔹 EVM Prime

🔹 UTrade

🔹 EVA Markets

🔹 Core Financial Markets

📢 Modus Operandi:

They targeted victims through phone calls and flashy social media ads, then moved the funds to accounts outside the UAE, leaving victims with no way to recover their money.

⚠ Warning:

None of these platforms were licensed by UAE regulators (DFSA or SCA).

💡 Stay Safe:

✅ Always check a platform’s regulatory status before investing.

✅ Avoid promises of guaranteed high returns.

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