UAE warns of social network fraud

Share via:

The Public Prosecution in Abu Dhabi has issued a warning to social media users about wire fraud via misleading advertisements promising quick profits, attractive returns, and high rewards.

The warning was issued via the official social media account of the Abu Dhabi Public Prosecution. “Abu Dhabi Public Prosecution Warns of Wire Fraud Aimed at Syphoning Off Funds with Promises of Imaginary Profits, Following an Advertisement Posted on Social Media,” the post read. Users of social media are advised to be cautious and avoid dealing with unknown parties. Over 2,400 fake job pages impersonating companies from 13 MEA countries were discovered and exposed last month by Digital Risk Protection, a Dubai threat intelligence and research centre.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

UAE warns of social network fraud

The Public Prosecution in Abu Dhabi has issued a warning to social media users about wire fraud via misleading advertisements promising quick profits, attractive returns, and high rewards.

The warning was issued via the official social media account of the Abu Dhabi Public Prosecution. “Abu Dhabi Public Prosecution Warns of Wire Fraud Aimed at Syphoning Off Funds with Promises of Imaginary Profits, Following an Advertisement Posted on Social Media,” the post read. Users of social media are advised to be cautious and avoid dealing with unknown parties. Over 2,400 fake job pages impersonating companies from 13 MEA countries were discovered and exposed last month by Digital Risk Protection, a Dubai threat intelligence and research centre.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Why vector databases are having a moment as the...

Vector databases are all the rage, judging by...

Notable Capital’s Hans Tung on the state of VC...

To some investors, “down round” is a dirty...

Mamaearth Parent To Amalgamate Two Subsidiaries With Itself To...

SUMMARY Honasa’s board approved the amalgamation of two of...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!