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The group claimed that scammers deceived people into investing in fake stocks.
Al Habtoor Group (AHG) has warned people in the UAE and around the world about a fake website disguised as the UAE daily newspaper Al Ittihad. The organization stated that the website www.alittihadae.com published a false report on September 8 concerning a young man who allegedly became a millionaire after investing in a non-existent AHG company.
It said scammers tried to trick people into investing in fake stocks of the group, claiming that they were offered to trade.
Khalaf Ahmad Al Habtoor, the founding chairman of AHG, said his office has received multiple calls regarding the authenticity of “news”. The caller said that they were invited to invest in this “new project.”
Al Habtoor said: “I was shocked and disappointed to learn about this fraudulent attempt to deceive people and embezzle their hard-earned money. I thank all those who directly contacted me and me. I believe many people have been deceived. we do not know.
“I want to warn all those who come into contact with these scammers not to believe their words. Our office will formally announce news that is so important to our company through appropriate channels. I urge people not to be deceived,” he added.
The website also has an Instagram account called @alitthadae80, which has more than 19,000 followers.
Registered police complaint
Al Habtoor said: “AHG’s legal team has filed a complaint against this website and submitted all information to the Dubai Police to help stop this fraud. We also notified Abu Dhabi’s Al Ittihad newspaper of the scam. Because they behave well. The name is implicated.”
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