Saudi MoC warns against forex promoters’ public figures usage for fraud – Gulf Insider

The Ministry of Commerce (MoC) has warned people against the use of public figures as forex trading promoters in order to lure and defraud victims.

The ministry said that unlicensed forex promoters use stories and public figures in their advertisements to deceive, trick and defraud people.

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The Ministry of Commerce (MoC) has also issued earlier a severe warning against the Forex fraudsters.


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Works as an in-house Writer at Gulf Tech Plus and focuses on the latest smart consumer electronics. Closely follows the latest trends in consumer IoT and how it affects our daily lives. You can follow him on Facebook, Instagram & YouTube.

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