The Kuwait Oil Company (KOC) has sounded the alarm over fraudulent investment advertisements spreading across certain news websites and social media platforms. These misleading campaigns falsely claim to offer lucrative investment opportunities in KOC, drawing in unsuspecting individuals with promises of high returns.

In an official statement reported by Al-Jarida, KOC categorically denied the authenticity of these investment claims. The company made it clear that it does not offer any profit-sharing schemes, investment programs, or similar commercial activities for the general public.

“As a government-owned entity, we do not engage in commercial or investment promotions through unofficial platforms,” KOC clarified.

KOC emphasized its legal right to pursue action against individuals or entities responsible for producing or distributing such deceptive advertisements. The company warned the public to remain vigilant and refrain from interacting with any such suspicious promotions.

Authorities and cybersecurity experts advise the public to:

• Verify any investment opportunity through official company websites or government sources.
• Avoid clicking on suspicious links or ads claiming to represent reputable companies.
• Report fraudulent content to the Cybercrime Department of the Ministry of Interior in Kuwait.

Conclusion

The Kuwait Oil Company scam alert highlights the growing trend of online financial fraud targeting the public in Kuwait. Citizens are urged to remain cautious and only trust official communication channels when it comes to investment opportunities.