CGS-CIMB warns of Telegram groups chats impersonating CEO

BROKERAGE CGS-CIMB Securities said several group chats on Telegram “of unauthorised origin” have impersonated its group chief executive Carol Fong.

In a notice on its website, the brokerage said users in the Telegram groups – “CIMB Financial”, “US Stock Wealth Institute” and “Carroll Square US Stock Club” – have been invited to join a fraudulent WhatsApp group on the pretext of receiving investment advice.

CGS-CIMB said it is not associated with the above platforms and has filed a police report.

It advised users to leave the chat group immediately and to not click on any links posted.