The National Bank of Moldova (NBM) advises citizens to inform themselves before making investments and not to discuss investment aspects with suspicious persons so as to avoid fraud schemes. The fraud schemes in information technologies spread worldwide and Moldova is not an exception, IPN reports, quoting a press release of the institution.
The central bank notes scammers mainly use social media to spread fake ads and, taking advantage of people’s incautiousness, lure them into so-called investment schemes with the promise of fabulous profits in a short period of time.
Fraudsters use the names of well-known companies or national and international institutions, using the brands and logos of central and commercial banks or images of state dignitaries, fictitious web pages, resorting also to the forgery of stamps or their documents. Once they manage to obtain financial resources from the people involved in the scheme, the scammers disappear without a trace. At the same time, the schemes are changed from case to case, which makes it difficult to detect them and increases the number of victims.
In this connection, the National Bank urges citizens to inform themselves from official websites and to be cautious when promises of big and quick profits are made to them. Extreme caution is also advised when persons claim they have knowledge and offer exclusive investment opportunities or ask for payments for investment purposes, especially if the other party comes up with the initiative to make investments.
The central bank also advises citizens not to discuss investment matters with suspicious persons who use aggressive sales techniques, not to send money to people with whom they have only interacted online. In particular, bank details, copies of identity documents or any other sensitive information should not be provided on web pages that promote the obtaining of large or quick profits and whose authenticity cannot be verified.
The NBM repeatedly warns about the risks of investing in cryptocurrencies, which are not regulated in the Republic of Moldova and user funds are therefore not protected.