Have you ever received a message saying, “Congratulations, you’ve won a prize!” or “Get a loan instantly – no documents needed”?

It sounds exciting, right? But most of the time, it’s a trap.

Scammers know how to catch your attention. They use fake offers – just like bait on a fishing hook – to make you act fast without thinking. And once you do, they steal your money or personal information.

Here are 3 common traps you should watch out for:

1. Fake Prizes

They say you’ve won a big prize – maybe an iPhone, cash, or even a car. But then they ask you to pay a “processing fee” to claim it.

Al Ansari Exchange never asks winners to pay money or share OTPs to get a prize. Real winners are contacted through official channels.

2. Too-Good-To-Be-True Loans

Need quick cash? Fraudsters promise loans without salary slips, IDs, or any paperwork. But once you show interest, they ask for “insurance fees” or “processing charges” — and then disappear.

No real financial service gives loans without proper checks. Always go to licensed providers.

3. Fake Currency Exchange or Money Doubling Offers

Scammers may say, “Give us AED 500, and we’ll give you back AED 1,000 in two hours.” They use WhatsApp or Telegram to contact you.

This is a scam. Your money is gone the moment you send it.

How to Stay Safe:

• Don’t believe random messages or social media posts offering free gifts or fast cash.
• Never send money or share bank details in exchange for a prize or loan.
• Only trust Al Ansari Exchange’s official communication channels.
• Ask: Why would a stranger offer me free money?

Remember:

Scammers use sweet words to trick you. Don’t take the bait. Protect yourself and your hard-earned money.

Stay Safe. Stay Smart.

Al Ansari Exchange