Beware of Fake 'ADGM MONEY' Investment Scams

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The Singapore Police Force has observed a recent trend of investment scams using fake websites and impersonating financial entities, often using names similar to 'ADGM MONEY'. These fraudulent schemes promise quick and high returns on investments. We urge the public to be vigilant.

Here's how to recognise these scams:

• Unrealistic Promises: Scammers lure victims with promises of exceptionally high or guaranteed returns on investments, often claiming little to no risk. If an offer seems too good to be true, it likely is.
• Suspicious Websites: They direct victims to dubious websites (e.g., make-moneyeasily.net, gold-vip.icu) that appear professional but are fake. Always check the URL for unusual characters, misspellings, or unverified security certificates.

If you suspect you have fallen victim to such a scam:

1. Stop all communication and transactions immediately. Do not transfer any more money.
2. Report the incident to the police via the SPF hotline at 1800-255-0000 or submit an online report at www.police.gov.sg/iwitness.
3. Inform your bank immediately to halt any further transactions and seek advice.

Remember, legitimate investment opportunities do not pressure you into making quick decisions or promise returns that are too good to be true. Always exercise caution and verify any investment offers through official channels.

Unsure if something is a scam? Check by calling the 24/7 ScamShield Helpline at 1799.