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Dubai firm AIX stops paying investor coupons, ex-staff say

Published

Former employees and investors say AIX Investment Group quietly stopped paying promised coupons over the past 11 months but kept accepting new deposits. The firm had promised annual returns of up to 30 per cent.

The firm had promoted itself as a Dubai success story. Former employees and investors say it has thousands of clients.

The affair has left thousands of people facing losses. It has also raised questions about how well investors are protected in Dubai.

Key facts

Who
AIX Investment Group (investment firm that promised annual returns of up to 30 per cent to clients); Dubai International Financial Centre regulator (regulator which, according to the article, does not have jurisdiction over AIX…); Cayman Islands regulator (regulator that said AIX's Cayman unit was never registered, licensed or…)
What
According to former employees and investors, AIX Investment Group, which had promoted itself as a Dubai success story and promised annual returns of up to 30 per cent, quietly stopped paying coupons over the past 11 months while still accepting new deposits. The scandal has left thousands of people facing losses and raised questions about investor protection in Dubai.
When
20 October 2026
Where
Dubai, Cayman Islands
Status
Reported

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