Mumbai: Illegal forex trading centre busted, 1 held by MIDC police

Mumbai | Thursday | 17th January, 2019

Summary:

But despite that, they induced people to invest money in forex trading, assuring them of getting benefits," Alaknure said. The MIDC police busted an illegal foreign exchange trading call centre at Andheri on Wednesday. They didn't have any authorised documents or licences to run a forex trading business. Senior police inspector Nitin Alaknure of MIDC police station said they received credible information that an illegal forex trading call centre was being operated in the name of alpari.com at Summit Business Bay in Andheri (East). According to the police, the company would induce people to invest money in forex trading, assuring them of benefits, though it didn't possess the required licences to run the business..