Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Scope Markets Kenya Cautions Customers Against Investing Through Fraudulent Websites

Editor SharpDaily by Editor SharpDaily
July 18, 2022
in News
Reading Time: 2 mins read
Alex Karanja scope markets

Alex Karanja. [Photo/ Courtesy]

Scope Markets Kenya has cautioned its customers to be vigilant when investing in its online forex trading platform by ensuring they use the correct website. This caution comes on the back of the surge of online trading globally across various trading platforms and commodities post Covid-19 with a heightened risk of fraudsters exploiting unsuspecting investors.

Aradin Halal International have been accused of cloning the Scope Markets Kenya website. They have also been accused of cloning various other fraudulent websites such as https://businesschapchap.com where they are encouraging clients to send money and even claiming to be legitimate.

The Scope Markets Kenya CEO, Mr Alex Karanja, said Aradin Halal International are using phishing scams with the potential to defraud investors in online forex. Phishing scams are designed to create a sense of security for innocent investors who are made to believe they are investing through legitimate websites while in fact, they are at risk of being defrauded by scammers.

Read: Here’s Safaricom’s New Trick To Keep SIM Swap Scammers At Bay

RELATEDPOSTS

Alex Karanja scope markets

Scope Markets Kenya Appoints New CEO And Chief Financial Officer

April 11, 2022

Mr Karanja said; ‘’We wish to notify our clients that the legitimate address for the Scope Markets Kenya website is www.scopemarkets.co.ke. We advise our traders to undertake due diligence to confirm the website before undertaking any transactions and contact us in case they are suspicious’’.

Mr. Karanja noted that Scope Markets Kenya follows a robust customer on-boarding process, which supports customers in ensuring they are investing through the legitimate platform. He observed; ‘’We always ask our clients to complete a full application and upload documents for verification before they fund their accounts and commence trading. This requirement is aligned to the Proceeds of Crime and Anti- Money Laundering Act as clients must disclose their source of funds’’.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

USIU-Africa University Council Names Prof. Margee Ensign As New Vice Chancellor

Next Post

Britam Partners With Voltic To Launch Digital Personal Accident Cover For PSV Travelers

Editor SharpDaily

Editor SharpDaily

The latest in business, real estate, education, investments, tech and entrepreneurship, brought to you daily. Reach us through thesharpdaily@gmail.com

Related Posts

News

Real Estate vs. REITs: Which Path Fits Your Budget?

October 14, 2026
Business

Digital power imbalance limits online revenue for kenyan content creators

October 14, 2026
Business

Central Bank Rate Held at 8.75%: Market Commentary

October 14, 2026
News

Microsoft reportedly to close Nairobi engineering centre in global restructuring

October 13, 2026
News

Expanding opportunities for Kenyan investors

October 12, 2026
News

Why Matatu Fares Rise With the Rain and Never Come Back Down

October 9, 2026

LATEST STORIES

Real Estate vs. REITs: Which Path Fits Your Budget?

October 14, 2026

Formula 1 confirms Rwanda will host the African Grand Prix from the early 2030s

October 14, 2026

Digital power imbalance limits online revenue for kenyan content creators

October 14, 2026

Central Bank Rate Held at 8.75%: Market Commentary

October 14, 2026

Microsoft reportedly to close Nairobi engineering centre in global restructuring

October 13, 2026

Kenya plans a central database to track recycled phone numbers

October 12, 2026

The Hidden Retirement Crisis Facing Kenyans

October 12, 2026

Expanding opportunities for Kenyan investors

October 12, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024