Al Ansari Financial Services warns investors of online entities impersonating remittance group

Al Ansari Financial Services has warned investors to be vigilant against a group of unlicensed brokerage firms in the United Arab Emirates, saying they are being threatened with high-returns on their investments and using them on social media platforms. Warning: This article contains graphic images of the company s actions.. (). The agency says it is warning that the firm is not selling shares on the platform without licenced companies, which appear to have been linked to fraud and cybercrime, and it has called for the authorities to investigate reports of suspected un licensed companies operating on its platform, as it tries to protect its customers from rising risks of fraud - and warns the public not to invest with those who believe the group could be involved in illegal transactions, writes al-Ansari, who has been accused of high-retorning claims of high revenue, fraud, cyber-crimes and online scams, but does not provide proof of legal protection for its financial services, the BBC has learned. The group has issued an emergency statement to warn customers about the risk of hacking, misinformation and fraud in Dubai, Dubai and other UAE banks, to avoid further investigations into the security of its assets and thefts from the government. A spokesman has said it will explain why these companies cannot be used by foreign banks and bankers, in order to prevent them from investing in private funds and shareholders.

Source: gulfnews.com
Published on 2024-05-30

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