The Kuwait Finance House (KFH) has sounded a cautionary note for investors, urging customers to be vigilant when receiving invitations from unknown entities promoting investment opportunities with exceptionally high returns.
This, according to KFH, is a tactic that has been employed by criminal gangs to deceive individuals, steal customer information, and compromise their accounts, reports Al-Anba daily.
In a press statement as part of its collaboration with the Central Bank of Kuwait and the Kuwait Banks Association for the “Let’s Be Aware” campaign, KFH highlighted the evolving methods employed by fraudsters to harm unsuspecting victims.
The statement emphasized the perpetrators’ relentless efforts to exploit individuals, manipulate their decisions, and extract confidential information, leading to financial losses and falling prey to fraud traps.
KFH outlined how some fraudulent schemes prey on people’s desire to enhance their financial situations, investing surplus funds and growing savings.
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