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.
#CryptoScam #TradingFraud #DubaiPolice #BTCUnbound #Ethereum #ScamAlert #InvestSmart