Daryl Cai Yonghui was arrested in Phuket for a more than $600 million Thai forex trading scam.

Background

About Forex-3D

Although it claimed to be registered in the UK, Forex3D is an unregulated forex broker running its business in Thailand. Forex3Ds website does not state the background of the company behind the brand and its headquarters. According to Thailand's Department of Special Investigations (DSI), Forex 3D is a Ponzi Scheme that has caused a huge financial loss to a massive number of Thai investors. WikiFX also gives this broker an extremely low rating of 1.44/10.

On December 2022, the Thai Criminal Court issued arrest warrants for Daryl Cai Yonghui s arrest in connection with the Forex-3D scam. However, this Singaporean already left Thailand on October 25.

(Daryl Cai Yonghui)

Arrest at the Airport

According to the Public Relations Department of Phuket, A Singaporean, Daryl Cai Yonghui, who gets involved in a $60 million forex scam has been arrested at the Phuket International Airport on January 16, 2023, at about 10:30 a.m. Daryl Cai Yonghui is one of the 16 important suspects in an alleged Forex – 3D currency pyramid scam. Almost 10,000 Thai victims filed complaints over this Ponzi scam to DSI. According to reports, the Forex – 3D pyramid scam has involved a lot of celebrities, which gave a serious impact on Thai society. Forex-3D lured traders to invest in CFD futures and promised a 10% monthly profit. The fund involved was a staggering $600 million. This Ponzi Scheme has been exposed in late 2018 when Forex-3D delayed investors withdrawals. Daryl Cai Yonghui is one of the scammers who work with Forex-3D.

(Photo: Public Relations Department of Phuket)

Thai authorities searched an apartment in Bangkok on Jan 13, 2023, where Daryl Yonghui Cai and his girlfriend were believed to stay. (Photo: Department of Investigation)

Conclusion:

WikiFX reminded you that all traders should be vigilant when investing in a broker. WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!

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