The National Bank of Moldova issued a consumer warning urging citizens to inform themselves before investing to avoid fraud schemes that are increasingly spread through digital channels, including in Moldova. The central bank described how fraudsters use social networks to circulate false advertisements for supposed investments promising rapid, very high returns, often misusing the names and logos of well-known companies, central and commercial banks, and images of public officials, as well as fictitious websites and forged stamps or documents. It advised checking information on official websites, treating “exclusive” offers and unsolicited requests for investment payments with maximum caution, avoiding engagement with suspicious parties using aggressive sales techniques, and not sending money to individuals met only online or sharing bank details, identity documents, or other sensitive data on websites whose authenticity cannot be verified. The National Bank of Moldova also reiterated its warning on the risks of investing in cryptocurrencies, noting they are not regulated in Moldova and users’ funds are therefore not protected.
National Bank of Moldova 2025-05-15
National Bank of Moldova warns the public about social media investment scams and the risks of unregulated cryptoassets
The National Bank of Moldova warned consumers about fraud schemes via digital channels, urging caution with high-return investments and advising verification on official websites. It highlighted the misuse of reputable names and logos in scams and advised against sharing sensitive data online. It also reiterated the risks of investing in unregulated cryptocurrencies, noting the lack of protection for users' funds in Moldova.