FRAUD AND PHISHING WARNING

The Federal Trade Commission has issued alerts about fraudulent activities carried out through various messaging platforms with scammers exploiting users’ trust.

ISPOT PEARLS TRADING, FZCO, take these alerts very seriously and have internal procedures in place to protect you.

However, it’s important for you to be aware and vigilant of the different scamming methods and strategies.
Scammers often pose as legitimate entities or persons to deceive unsuspecting victims into sharing their personal information or making payments for goods and services that do not exist.

They may use sophisticated tactics, such as impersonating a known employee of ISPOT or creating fake websites or social media profiles to deceive you.

PLEASE BE AWARE of a recent scam where someone or a group is impersonating ISPOT Portfolio Managers and Analysts.

These impersonators are using the names of ISPOT employees to communicate via WhatsApp, LinkedIn and other platforms to solicit investments in cryptocurrency and other securities.

These scams are varied and could include asking you to invest in different countries and other foreign securities and direct you to phony websites or platforms.

Please continue to be cautious about responding to unsolicited communications that appear to come from a ISPOT address and/or number.

ISPOT nor its employees solicit or conduct business related to ISPOT over social media.

While we do post media interviews, market insights and brand-related information on LinkedIn and X, formerly known as Twitter, we do not actively solicit business through any social media platform.

Furthermore, ISPOT will NEVER communicate with you via WhatsApp, Telegram, Viber, Facebook Messenger or any other messaging platforms.

ISPOT will only communicate with you by phone, mail or email using the contact information on record for your account and from an official ISPOT address e-mail: office.law@ispotinternational.com.

We urge you to exercise caution when receiving messages on WhatsApp or any other messaging platforms and be vigilant about suspicious requests.

Here are some tips to help you stay safe:

  1. Do not share your personal or financial information with anyone, especially if you do not know them.
  2. Be cautious when receiving unsolicited messages from unknown contacts or numbers.
  3. Do not click on links or download files from unverified sources.
  4. Verify the authenticity of requests by contacting the sender directly through a verified contact or official website.
  5. Be wary of offers that seem too good to be true and deals that require you to pay upfront.
  6. Do not communicate or conduct business via messaging platforms. Attackers use non-email communication media to conduct fraud and neither ISPOT nor permit its employees or authorized representatives to send or receive work-related communications on such platforms. ISPOT has alerted the appropriate legal authorities about the scam.

 

You are highly encouraged to self-report to the FBI at https://www.ic3.gov (after clicking the link or typing the URL in your browser, select the box on the top right side of the webpage to “File a Complaint” (highlighted with a red box)).

You may also reach out to the U.S. Securities and Exchange Commission or the local police in DUBAI, UAE, and/or your local police. For additional resources, please refer to the following FBI website, that provides
assistance for victims of financial crimes: https://www.fbi.gov/file-repository/financial_crime.pdf/view