BAM has issued a statement refuting false information about a fake investment platform misusing its identity. A misleading article from a fraudulent site claimed high returns while depicting the bank’s Wali through AI-generated imagery. BAM warned the public to disregard this misinformation and may pursue legal action to maintain its reputation.

Bank Al-Maghrib (BAM), the central bank of Morocco, has denied circulating false information that misuses its identity. The bank responded to a misleading press article on a dubious news website which falsely promotes a non-existent investment platform, claiming significant profits for investors. This deceptive article also features an AI-generated image of BAM’s Wali, further bolstering its fraudulent claims. BAM emphasizes that this information is entirely fictitious and urges the public to ignore such content while highlighting potential legal recourse to protect its reputation.

In summary, BAM has strongly refuted any association with the fake investment platform and cautioned the public against such misleading information. The central bank intends to safeguard its integrity through legal channels if necessary.

Original Source: en.yabiladi.com