Stanbic IBTC Holdings Plc has disassociated itself from a fraudulent investment scheme being promoted on WhatsApp. The scheme lures individuals with promises of high returns on investments, but the company has clarified it has no connection with the platform.
Official Statement
In a statement released on Tuesday, Stanbic IBTC urged the public to disregard any messages or links related to the scheme. The company emphasized that it does not solicit investments through WhatsApp or any other social media platform.
Details of the Scam
The fraudulent scheme uses the Stanbic IBTC brand name to deceive unsuspecting victims. It promises unrealistic returns and asks for personal information or upfront payments. Stanbic IBTC has reported the matter to relevant authorities for investigation.
Advice to the Public
Stanbic IBTC advises customers to only use its official channels for any financial transactions. It also encourages the public to report any suspicious activities to the nearest police station or the company's customer service.
The company reiterates its commitment to protecting customers from fraud and maintaining the integrity of its brand.
