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🚨 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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