Fraud protection and awareness

The proliferation of eCrime (often referred to as “online fraud or scams”) is a global phenomenon. The sophistication of online scams offering fake investment opportunities and job opportunities is rising, and it’s important to be aware of how these scams work so you can identify them.

Capital Group is currently aware of the following scams:

  • Digital asset community “Whiplash347” is falsely claiming via Telegram, YouTube, and other media outlets that Capital Group and cryptocurrency exchange company Binance are introducing a new digital asset (SLC – Stellar Live Change). The investment scam includes false promotions of the digital asset from Capital Group’s CEO Mike Gitlin.
  • A cryptocurrency investment trading scam in Australia, Europe and South Africa using our Capital Group Private Markets brand and/or Capital Group UK Management Company Limited business registration information
  • A cryptocurrency investment scam involving Cap Group Finance, a company not associated with Capital Group, that is fraudulently using Capital Group’s logo, Capital Group’s name and other information. Please refer to the following notice from the Financial Conduct Authority warning firms and investors about Cap Group Finance.
  • A quick profit-making investment scam via LINE and various media outlets by Toshio Sano, Yasuo Suzuki, and others who are fraudulently claiming to be associated with Capital Group in Japan.
  • A digital coin investment scam falsely claiming that Capital Group endorsed a new coin (USBL)
  • An investment trading scam operating via WhatsApp, Telegram, and LINE, impersonating Capital Group and its employees
  • Mortgage loan scam and small business loan scam using the Capital Group brand
  • Employment fraud offering a print-at-home payroll processing job

Capital Group does not:

  • Accept or request payments in bitcoin or other cryptocurrencies
  • Endorse any digital currencies
  • Offer free Bitcoin/cryptocurrency
  • Offer business loans or initial public offerings (IPOs)
  • Offer venture capital
  • Trade via platforms like Webtrader or Metatrader
  • Offer VIP memberships
  • Invite you to represent our company
  • Conduct an interview process solely over text or email
  • Require or make payments during our job interview or onboarding processes
  • Contact job applicants using webmail email addresses (e.g., Gmail, Hotmail, etc.)
  • Contact job applicants using messaging apps (e.g., WhatsApp, WeChat, Telegram, etc.)

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.