What transpires when reliance is exchanged and disappears suddenly? At suite 302, the answer is eerie.
Two expats from the UAE, attracted by the prospect of substantial profits, transferred $75,000 to forex firms Sigma-One Capital and Gulf First, enticed by their claims of significant returns. Today, all that remains is an empty office — wires cut, doors locked, phones disconnected, and a trail of vanished investments.
The companies.
❌ unlicensed
📵 unreachable
Under police investigation
What was initially seen as a promising opportunity has now become a cautionary tale in the heart of the investment landscape in the UAE.
Before investing, thoroughly investigate Because behind some office doors, not everything that shines is gold — sometimes, it’s just a way out.