Police Warn of Increasing Dollar Selling Scams on Social Media

The police have issued a warning urging the public to be cautious of increasing dollar selling scams.

Authorities report a rise in fraudulent activities on social media platforms where scammers claim to sell dollars and deceive people into giving them money.

The police advise that dealing with trusted and legally authorized entities for foreign currency transactions is a crucial step in avoiding such scams.

The issue of black market dollar sales has significantly increased due to the shortage of foreign currency in the Maldives.

While foreigners are involved in illegal foreign currency trading, the number of scams operating on social media platforms such as Telegram, Facebook, and Viber has grown substantially.

The police emphasize the importance of vigilance when engaging in foreign currency transactions to protect oneself from falling victim to these fraudulent schemes.