At moomoo, we take user safety seriously. Despite our best efforts, black market scammers are constantly evolving their tactics. The latest trend involves luring users to third-party platforms like WhatsApp through instant messages, telephones, or texts. Try to help safeguard our users from this new wave of deception, we're providing detailed information on the different types of scams out there and how to stay vigilant.
1. What is a WhatsApp...

Since earlier this year, our anti-fraud team at moomoo has been alerted to several cases of fraudsters impersonating us on Telegram. These scammers create groups using our official logos and content to seem legitimate, but they're actually set up to trick people into making fake investments and stealing their money.
Posing as moomoo staff or advisors, these criminals offer investment opportunities that seem too good to be true, often promising high returns. They...