Royal Brunei Police Force Issues Warning Against Investment Fraud on Telegram

BANDAR SERI BEGAWAN, BRUNEI DARUSSALAM — The Royal Brunei Police Force’s Cyber Crime Investigation Division has issued a public warning about investment fraud activities proliferating through the Telegram application. These schemes promise high returns and minimal risk but ultimately exploit participants.

According to Radio Television Brunei, the fraudsters promote nonexistent investment opportunities that promise attractive, risk-free returns in the short term. Victims are typically asked to make payments into unknown bank accounts under the guise of deposits and withdrawals. The criminals use sophisticated tactics, including creating fake profiles and websites that mimic legitimate banks or investment companies. They also use these platforms to post false testimonials and claim Sharia compliance to lure investors.

The public is advised to remain vigilant and skeptical of such schemes, especially those that pressure quick decisions or promise unusually high returns. Legal action may be taken against anyone involved in or facilitating these scams. The police encourage anyone considering online investments to conduct thorough research and seek legitimate financial advice before proceeding.