A bank consultant in Dubai recently lost Dh100,000 in a WhatsApp-based online trading scam. The scam unfolded entirely through WhatsApp chats where the victim, identified as Gadde, was added to a group but never actually spoke to or met the scammers. Trusting the group, he fell victim to the fraudulent scheme and lost the substantial amount of money.
Reflecting on the experience, Gadde expressed disbelief over falling for the scam. This incident highlights growing online trading scams that target individuals through social media platforms and messaging apps.
Authorities’ Warning and Public Advisory
Authorities warn residents to be cautious and vigilant while engaging in online financial activities to prevent similar losses. With scams becoming more sophisticated, it is essential for the public to:
- Verify the authenticity of any trading offers
- Avoid sharing personal or financial information online
- Remain alert to suspicious activities in social media and messaging apps
This case in Dubai serves as a reminder to stay alert and protect oneself against fraud. Stay tuned to Questiqa World News for more latest updates.
About The Author
