Beware of Impersonation Scam

Beware of Impersonation Scam: Al Ansari Financial Services’ Advisory

Recognising the Threat

In recent times, fraudulent entities have been leveraging social media platforms to deceive potential investors by using Al Ansari Financial Services’ name and logo. The Group, listed on the Dubai Financial Market (DFM), clarifies that its shares are exclusively traded through licensed brokerage firms on the DFM platform. Al Ansari Financial Services PJSC does not engage in soliciting investments through social media or unauthorised channels.

Protective Measures for Investors

In light of these fraudulent activities, Al Ansari Financial Services recommends the following measures to safeguard investors:

  1. Invest with Licensed Firms: Verify the license of any investment firm with the UAE Central Bank, Securities and Commodities Authority (SCA), or DFM before committing to any investment.
  2. Be Skeptical of “High-Return” Promises: If an investment opportunity seems too good to be true, exercise caution. Legitimate investments inherently involve risks.
  3. Conduct Independent Research: Prior to investing, conduct thorough research on any brokerage firm. Avoid making hasty decisions and never succumb to pressure.
  4. Verify Identity: If in doubt about the legitimacy of a firm, contact Al Ansari Financial Services directly through its official website or call center.
  5. Report Suspicious Activity: Report any suspected unlicensed firms impersonating Al Ansari Financial Services to the relevant authorities.

Commitment to Financial Literacy

Al Ansari Financial Services remains steadfast in its commitment to promoting financial literacy and educating the public about investment scams. For more information and resources, please visit our official website at or contact us at [email protected].

Addressing Digital Fraud and Cybercrime

In addition to investment scams, Al Ansari Financial Services emphasises the growing threat of digital fraud and cybercrime. The Group, through its subsidiary Al Ansari Exchange, has conducted awareness campaigns urging customers to remain vigilant against suspicious communications via phone, SMS, and email.

Stay Informed, Stay Secure

Al Ansari Financial Services encourages the public to stay informed, exercise due diligence, and remain vigilant against fraudulent activities. Together, we can combat investment fraud and ensure a secure financial environment for all.

How to report fraud

To find out more information or complain about scams, you can contact the following:

SCA Securities and Commodities Authority (

The Securities and Commodities Authority of the United Arab Emirates (SCA) is the supervisory authority of the capital and commodities markets under the provisions of Federal Law No. (4) of 2000 Concerning the Emirates Securities and Commodities Authority and Market, and the regulations and decisions issued in implementation thereof, in a manner that serves the interest of the national economy and achieves safety of dealing and protection of investors.

Investors can submit a report to the Authority on any practices that violate the provisions of the Authority’s Law and the regulations and decisions issued in implementation thereof, as well as the Commercial Companies Law and the regulations issued pursuant thereto, through the following link:

Dubai Police

The Dubai Police seeks to ensure the safety and security of all citizens and residents of Dubai and the UAE. It provides a service through which individuals are able to report suspicious or criminal behaviour.

Dubai Police also has an Economic Crimes Combating Department. The Department can be contacted directly on +971 4 203 6341.

In addition to that, electronic crimes can be reported on the eCrime website – Dubai Police

Abu Dhabi Police

Aman Service 

AMAN Service is one of the Abu Dhabi Police’s most important initiatives. Launched in 2009, it was intended to promote community safety and stability. AMAN Service is a professionally run security channel operating 24/7 throughout the year to present the public with the opportunity to provide information related to areas like security, community, traffic, etc. that would contribute to reducing and detecting crime. It guarantees keeping confidential the identity of information providers and further helps in raising security awareness and promoting safety and security in the UAE.

Or please contact the relevant authorities in your location.