India, May 21 -- A Dubai-based brokerage firm has vanished overnight without a trace, taking with it millions of dirhams in investors' money. Today, a mop in a bucket and a black garbage bag are all that remain outside suite 302 of Capital Golden Tower in Dubai's Business Bay. But just weeks ago, the space was home to Gulf First Commercial Brokers - a company that now appears to have disappeared, according to a report in The Khaleej Times.

Until last month, Gulf First had around 40 employees spread across suites 302 and 305 of Capital Golden Tower in Dubai's central business district. Their job was cold-calling potential investors and promoting forex investments.

Now, both suites sit vacant. Phone lines have been ripped out, and the flo...