Jefferies Financial Group has issued a warning about fraudsters impersonating its representatives, trying to lure victims in India.
The scammers claim to be from “JFR Investment Technology Group” which claims to be a subsidiary of Jefferies Financial Group Inc. In fact, Jefferies Financial Group has nothing to do with this entity.
The full text of the warning is as follows:
“We have been made aware of bad actors posing as Jefferies representatives targeting Indian residents.
Examples include an advertisement in the March 8, 2024 edition of The Times of India in the name of “JFR Investment Technology Group” claiming to be a subsidiary of Jefferies Financial Group Inc., as well as groups offering investment advice and soliciting money from individuals on behalf of Jefferies on social media platforms. Please note that Jefferies does not accept deposits from or offer financial services to retail investors or individuals in India. Jefferies does not communicate with customers via social media platforms such as Telegram, WhatsApp or from free email accounts such as Yahoo or Gmail and any contact with Jefferies will originate from an email address “@jefferies.com” and/or be located at www. Website .jefferies.com. If you believe you or someone you know has been a victim of fraud, please report the matter to the police or other relevant authorities.”