Salik, a Dubai toll gate operator, has called out a scam and denied any claim that investing in its shares will yield an estimated “monthly income of Dh35,600.”
The Dubai-listed business claimed that there has been an increase in “false promises of investment opportunities in Salik” in a statement to Khaleej Times. Customers were requested by the toll operator to obtain all information via its official channels.A spoof website featuring the image of Salik CEO Ibrahim Al Haddad is making the rounds. The CEO “just agreed with the government to allow all citizens to invest in Salik shares through its new trading platform,” according to the company website.
Contrary to the website claims, Salik shares, listed on the Dubai Financial Market, are traded in UAE dirhams. The toll gate operator’s stock increased by 0.595 per cent to close at Dh3.380 per share on Friday. Salik is a highly sought-after share due to its low capital expenditure business model. Salik issued a statement cautioning its “clients, present or future investors, to be wary of phoney websites, emails, and social media scams that misuse the company’s name.
Phishing emails have become more common in recent months, spreading dangerous links for account recharge and tag purchases while also making false promises about investment opportunities in Salik,” the statement reads.
The statement continued that for the most recent security updates, it’s also recommended to avoid clicking on dubious links or pop-up advertisements and visit Salik’s official website and social media accounts.
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