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UAE-listed Abu Dhabi Aviation Company issued a scam alert on Wednesday, warning the financial services community against fraudsters that misuse its name to defraud investors.
In a statement to the Abu Dhabi Securities Exchange (ADX), the largest helicopter operator in the Middle East said that some “fraudulent investment” schemes that are purportedly offered by the company have been targeting investors.
It said the scammers are sending out emails, urging recipients to invest in the company and share their financial information, including credit card details.
“Abu Dhabi Aviation would like to draw the attention of the public that the company’s name and logo are used by scammers to advertise fraudulent investment offers and opportunities online,” the bourse filing stated.
“[The scammers] ask individuals to provide personal information and credit card details in order to invest in the company.”
Abu Dhabi Aviation clarified that it “would not in any way” send emails asking people to share their financial information.
Abu Dhabi Aviation’s profit attributable to owners of the company reached more than AED 130.7 million ($35.6 million) as of the third quarter of 2022, up from AED 52.6 million a year earlier.
(Writing by Cleofe Maceda; editing by Daniel Luiz)
