Crypto investors warned over social media scam


People in Bahrain who have invested in stocks and cryptocurrencies are being warned against a new scam on social media.

WhatsApp groups promising high returns for cryptocurrency trading are actually fraud gangs that trick you into buying non-existent digital currencies through fake websites, according to Interior Ministry financial crimes department head Major Mohammed Al Abdulla.

“They do not start off by talking about the so-called investment opportunities from the get-go,” he said.

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