The group, working as a coordinated fraud ring, launched a fake trading site called OURBIT ... stop-profit and stop-loss functions,” and live trading charts synced with the Bitcoin market.

In the last couple of months, there has been a disconcerting, rising trend — scams by fake trading websites that mislead innocent investors. What starts out as a wish to make a quick buck ...

He said the suspects opened mule accounts and set up a fake agricultural trading company as a front for the website, operated by three foreign nationals, with 3.2 billion baht in circulation.

NEW DELHI: Delhi Police has busted a fake trading app racket and arrested four people, including two private bank employees, for allegedly duping a man of over Rs 16 lakh after luring him through ...