Dear Valued Customer:
At Moomoo we care about the safety of our customers funds and trading. It has come to our attention that certain “investment clubs” have been reaching out to entice people to buy into certain low-priced stocks on the Hong Kong Exchange. These “recommendations” may be coming from deceitful individuals or organizations through social media platforms. We here at Moomoo want to warn our clients that in many cases, these solicitations may be part of a “pump and dump” scheme that may cause you to lose your investment.
We ask you to exercise discretion when in contact with these potential scammers. We have provided a link from FINRA, one of the U.S. regulators for the securities industry. Should you have any questions or concerns regarding this matter, please do not hesitate to reach out to our customer support team. Thank you for your understanding and cooperation.
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