Advisory: Beware of Investment Scams Impersonating CNA

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The Singapore Police Force has observed a recent surge in investment scams impersonating CNA. Scammers are using fake websites and advertisements bearing the CNA brand to trick victims into believing they are legitimate investment platforms. These fraudulent schemes often promise high returns with little to no risk, luring individuals into depositing money.

Here's how to recognise such scams:

• Suspicious Websites: Be cautious of investment opportunities promoted under the CNA brand on websites with unfamiliar or slightly altered URLs (e.g., zenvaroe.com, avernovat.com) that do not belong to CNA's official domains.
• Unsolicited Offers: Be wary of unsolicited messages, social media ads, or online posts promoting investment schemes that claim association with CNA, especially if they promise unusually high returns. Always verify the legitimacy of such offers directly with official CNA channels.

If you suspect you have encountered such a scam, or have already provided your personal or financial details:

• Stop All Communication: Cease all contact with the scammers immediately.
• Check and Verify: Before making any investment decisions, always verify the authenticity of investment opportunities with official sources. For CNA, check their official website or social media channels directly.
• Report to Authorities: Report the incident to the police immediately. If you have made any financial transactions, inform your bank to take necessary actions.
• Tell Others: Inform your family and friends about these scams to protect them.

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