LeapRate

MMA Forex shutdown update – phones don't answer, CEO blogs defiance

MMA CEO Malik Noureed Awan brazenly claims 'I am really enjoying all this free publicity'. Some follow-up notes to our exclusive coverage of the shutdown of Dubai retail forex broker MMA Forex.... 1) Contact. Calls to all of the 'Contact Us' telephone numbers at MMA Forex (as listed on their website) yielded some strange results.…

August 26, 2013 BY Gerald Segal

MMA Forex shut, CEO Malik Noureed Awan detained, clients clamor for their money

MMA Forex's offices shut by Dubai Police based on fraud allegations. LeapRate has learned that Dubai based Forex broker MMA Forex, run by Pakistani businessman Malik Noureed Awan, has been shut down by Dubai police after several hundred MMA clients were unable to withdraw money from their accounts. MMA claims to be doing about $20 billion of…

Tag: MMA

MMA Forex shutdown update – phones don't answer, CEO blogs defiance

MMA Forex shut, CEO Malik Noureed Awan detained, clients clamor for their money

Morgan Stanley Fined $1m By FINRA for Market Access Control Failures

INFINOX Appoints Daniel Skowronski as Group Executive Director

HKEX to Digitise ETP Servicing

Broadridge Completes Kyndryl SIS Takeover

Cboe Launches New Timestamping Service