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New Fake Investment Scam Alert with Unauthorised Use of PETRONAS and CEO's Name

2024 Media Release - 9 Mar

PETRONAS has been made aware of another online investment scam that is currently circulating on WhatsApp involving the unauthorised use of our company name and logo, as well as the name of our President and Group CEO, Tan Sri Tengku Muhammad Taufik. 

The message includes a fake news report claiming to be from The Star with the headline "SPECIAL REPORT: PETRONAS opens joint investment platform with government support!" and highlights a scheme that promises returns through weekly investments in government operations related to LNG production.

The report also includes a fake video of Tan Sri Tengku Muhammad Taufik, with his image and voice manipulated using artificial intelligence (AI) software.

A police report has been lodged on the matter. Meanwhile, the management of PETRONAS wishes to clarify and stress that there is no such investment platform from PETRONAS and would like to urge the public not to respond to this fake investment scheme.

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