أسئلة وأجوبة
Unregulated Forex scam in UAE: Should we hire a lawyer or report to the police?
Hi Lawyers,
Many individuals have invested in a Forex trading company based in the UAE.
Should we hire a lawyer to file a case, or can we report it to the police station to summon the involved party, allowing them to settle and refund our money?
The company is not regulated in the UAE, yet it accepts payments in the UAE and manipulates trades, causing clients to lose their money.
Please help us.
Thank you!
Dear Client,
Thanks for your question! I hope you are doing well. I will assist you in this matter.
While you can report the issue to the police, it's advisable to consult with us first. We can assess your situation, advise you on the best course of action, and help you collect evidence.
You can also report the matter to regulatory authorities like the Securities and Commodities Authority (SCA) or the Dubai Financial Services Authority (DFSA) for investigation, as the company is operating in the UAE.
Legal action through civil courts may also be an option to seek restitution or damages, but it's essential to have legal representation due to the complexity of such cases.
For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.
We will be happy to help you.
Thanks & Regards,
ABDUL WAHIED
Welcome,
Regarding your inquiry mentioned above, we would like to inform you that this matter must be handled with utmost professionalism to preserve the truth.
We have observed that, as a specialized entity in such matters, solutions often exist between the lines and their translations.
Therefore, you should engage the services of a law firm to navigate through these complexities.
