In an ever-evolving world of technology, scams continue to become increasingly sophisticated. Fraudsters will often use names of investment companies, like VELA, to gain credibility and appear legitimate.
Please be aware that no employee of VELA Investment Management will reach out to you on WhatsApp or any other online or social media platform to offer unsolicited investment advice, nor will any reputable investment adviser. Please be wary of any individual or group who offers you investment advice online.
If you believe you have encountered or been the victim of online fraud, the following are resources for reporting the incident to US law enforcement.
In addition to relevant authorities, among the most effective ways for social media and online platforms to identify and respond to fraudulent activities is for users to report the group and/or account(s) directly in the application or site.
