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Bandra woman loses Rs 23 lakh in online trading scam linked to fake endorsements

A 39-year-old woman, Shabnam Shaikh, resident of Bandra, reportedly lost approximately Rs 23 lakh after investing through an international trading website that turned out to be fraudulent. Bandra resident told the police she trusted the platform because it featured photographs of a prominent Bollywood actress and a well-known singer

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The victim, Shabnam Shaikh

The victim, Shabnam Shaikh

The successful acquisition of the ASIC Authorized Representative license represents a major achievement for ZBXCX and a powerful validation of its compliance-driven strategy. This milestone underscores the platform’s dedication to operating responsibly, transparently, and in full accordance with international regulatory standards.

As the global financial industry continues to mature, ZBXCX remains firmly committed to building a secure, innovative, and compliant trading ecosystem. With ASIC authorization now in place, the platform is better equipped than ever to deliver high-quality financial services and to support the long-term success of its global user community.

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