The National Bank of Moldova (NBM) urges citizens to avoid fraudulent schemes disguised as investments and informs them how to do so
In particular, the NBM recommends that citizens inform themselves before making investments in order to avoid fraudulent schemes, which are gaining momentum in the age of information technology around the world, and our country is no exception. The National Bank specified that fraudsters mainly use social networks to spread fake advertisements and, taking advantage of people's carelessness, lure them into so-called investment schemes with promises of fabulous profits in a short period of time. In particular, criminals use the names of well-known companies or national and international institutions, brands and logos of central and commercial banks or images of government officials, fake websites, and resort to forging their seals or documents. Once they manage to obtain funds from people involved in the scheme, the criminals disappear without a trace. At the same time, the schemes are modified in each specific case, which makes them difficult to detect and increases the number of victims. In this context, the National Bank of Moldova urges citizens to obtain information from official websites and to be cautious when promised large and quick profits. Extreme caution is also recommended with regard to individuals who claim to have knowledge and offer exclusive opportunities or demand payment for investment purposes, especially if the other party takes the initiative to make the investment. The National Bank also advises citizens not to discuss investment matters with suspicious individuals using aggressive sales techniques and not to send money to persons with whom they have only communicated online. In particular, the NBM notes that bank details, copies of identity documents, or other confidential information should not be provided on websites that advertise large or quick profits and whose authenticity cannot be verified. At the same time, the NBM repeatedly warns about the risks of investing in cryptocurrencies that are not regulated in Moldova and, therefore, users' funds are not protected. // 15.05.2025 – InfoMarket.
