In a recent alert, Sharenet has issued a critical warning to investors: scammers are impersonating Sharenet staff on Telegram. These fraudsters are using fake names and profile images to promote fraudulent investment opportunities and offer unauthorized financial advice.
How the Scam Works
The impersonators create fake accounts on Telegram, posing as Sharenet employees. They may reach out to unsuspecting individuals, promising high-return investment opportunities or offering financial guidance. Their goal is to steal money, personal information, or sensitive investment details.
Sharenet emphasizes that these scammers have no affiliation with the company, its products, or its employees. In their official statement, Sharenet urged clients to remain vigilant:
“Do not engage with or send money, personal information, or investment details to these fake accounts.”
What Is Sharenet’s Stance?
As a trusted financial services provider with a legacy stretching back to 1988, Sharenet has built its reputation on transparency, innovation, and client security.
Today, it serves over 150,000 clients and offers access to more than 70,000 financial instruments. The company’ commitment to excellence makes these fraudulent activities all the more alarming.
What Should You Do?
If you’ve been contacted by someone claiming to be a Sharenet staff member via Telegram or any unofficial channel, report it immediately to support@sharenet.co.za.
Sharenet also reminds clients to only trust official communication channels and to never share personal or financial information with unverified sources.
Stay Safe with Sharenet
Your safety is Sharenet’s priority. By staying informed and cautious, you can help protect yourself and your investments from scams.
Trust only verified Sharenet platforms and report any suspicious activity—because when it comes to your financial future, vigilance is key.
