Tuesday 3 October 2017

Fake Saudi Aramco website surfaces

Fake Saudi Aramco website surfaces:

"Political interference and a lack of transparency are potential risks investors are preparing for as Saudi Arabia plans to list shares in state-owned energy giant Saudi Aramco. One unforeseen hazard, however, is the emergence of a copycat website for the company.

As the kingdom prepares for a stock market listing planned for late next year, a fraudulent website has surfaced trying to piggyback on global interest in what is set to be the world’s biggest ever flotation.

UK registered www.aramcoipo.org appears to target potential investors by offering access to news, “Aramco IPO insights” and “profit opportunities” in exchange for contact details and information on personal wealth."



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