JMC Clone Investment Scam Drains RM1.25 Million from Businessman
A single online advertisement was all it took for a Malaysian businessman to lose RM1.25 million!
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A single online advertisement was all it took for a Malaysian businessman to lose RM1.25 million!

WZG, a Hong Kong-based broker established in 2022, holds a license from the Chinese Gold and Silver Exchange Society (HKGX) and offers MT4/MT5 platforms. However, its reputation is currently challenged by a high volume of recent user complaints citing withdrawal delays and platform instability.

Japanese Government Bond yields have surged, signaling pressure on the Yen, while emerging market ETFs record their 14th consecutive week of inflows, led largely by Chinese assets.

Oil markets face a dichotomy of short-term geopolitical supply shocks in the Middle East versus long-term bearish demand forecasts from the IEA, creating a volatile environment for crude benchmarks.

INZO holds a low WikiFX score of 2.32, operating under offshore Seychelles regulation which offers limited investor protection. While it provides MT5 and high leverage, a pattern of user complaints regarding withdrawal denials and sudden trading condition changes suggests significant risk.

President Trump has threatened to hike tariffs on South Korean goods to 25%, citing a failure to ratify a 2025 trade deal, sparking renewed trade war fears and potential volatility for the Korean Won (KRW).

ECInvestingInsights Topic Launch: Explore the Forex Market with WikiFX Elite Club Members

A severe winter storm has crippled US energy infrastructure, driving Natural Gas prices to a 24-year high, while Gold surges past $5,000 on safe-haven demand.

A potential US government shutdown threatens to halt the release of critical Non-Farm Payrolls and CPI data, leaving the Federal Reserve and investors blind to key economic indicators.

The HERO broker has triggered a critical alert with over 167 complaints alleging a total blockade on withdrawals and sudden platform blackouts. Our investigation confirms this unregulated entity holds a dangerous 1.60 WikiFX score, leaving traders with blocked HERO login access and no legal recourse for their frozen funds.

The US Dollar is broadly weaker as risk sentiment improves, propelling the Euro and New Zealand Dollar to four-month highs while traders eye the upcoming Federal Reserve decision.

Commodity markets are fracturing, with Silver hitting record highs above $110 and Natural Gas soaring 20% due to a US freeze, while crude oil faces bearish oversupply forecasts for 2026.

The Japanese Yen is staging a structural recovery as market focus shifts from nominal yield differentials to real interest rates, with major banks targeting a 145 valuation amid heightened intervention risks.

The victim, who works at a hospital in Pahang, received phone calls from several individuals on December 31.

Italy’s financial regulator blocks multiple unauthorised investment websites, warning investors against illegal online trading and crypto schemes.

US Durable Goods Orders stunned markets with a 5.3% surge, complicating the Federal Reserve's policy path as officials prepare to pause rate cuts amid deepening internal divisions over inflation and employment data.

Libertex holds a valid CySEC license and a moderate WikiFX score of 6.49, implying a baseline level of safety for European clients. However, numerous complaints regarding aggressive account managers and withdrawal blocks in the LatAm region suggest significant risks for international traders using the offshore entity.

Key analysis on the growing risks to USD stability stemming from potential Federal Reserve politicization and the tangible economic impact of aggressive trade tariffs.

The Canadian Dollar rallies despite US tariff threats, interpreted by markets as a negotiation tactic. Meanwhile, the Aussie Dollar targets 0.6920 as traders aggressively price in a 63% chance of an RBA rate hike.

PRCBroker is a regulatory minefield where winning is the ultimate sin, evidenced by a mountain of complaints involving $1 million windfalls vanishing into forced account closures. While they hide behind a CySEC badge, their operational reality involves ghosting clients and freezing accounts the moment profitability hits the radar.