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

Four suspects have been arrested in Dubai for allegedly running fake online trading platforms—promising “high & quick profits” to lure victims.

The group operated under names like Sigma-One Capital, DuttFx, EVM Prime, UTrade, EVA Markets, and Core Financial Markets, targeting people via phone calls & social media ads.

Funds were transferred to accounts outside the UAE, leaving victims without recourse.

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

Stay alert: Always verify trading platforms’ regulatory status before investing.

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