MALTESE BUSINESSPEOPLE TARGETED BY SOPHISTICATED SCAM EMAILS

 Local business people are receiving a direct email by an individual posing as Marisol Yagüe, a businesswoman and the former Mayor of Marbella in Spain, who is currently serving a prison sentence for fraud and corruption charges.

Forget Nigerian princes - scam emails are getting increasingly sophisticated, specifically targeting Maltese businesspeople and hiding behind real-life personalities in order to get what they want.

Local business people are receiving a direct email by an individual posing as Marisol Yagüe, a businesswoman and the former Mayor of Marbella in Spain, who is currently serving a prison sentence for fraud and corruption charges.

In the email, the alleged Ms Yagüe first pleads her innocence and says that she is a victim of political manoeuvrings, victimised because she was a successful businesswoman and because her party lost power.

“I am writing to you because I will like you to help me invest in Malta pending my freedom. I decided to have an investment in Malta because of its economy and its location and it is my belief that the investment, if properly managed, shall have yielded a reasonable profit when I am finally out of here. Can you help to invest in Malta?” the supposed Ms Yagüe wrote in her email.

Although it is clearly a scam, the level of detail involved in the email is disconcerting, and the unwary may be caught off-guard. Not only are scammers now using the names and histories of people who can be found through a quick Google search, they are also targeting Maltese business owners because they are aware of the current favourable economic climate on the island.

Always be highly suspicious when receiving emails from unknown or unfamiliar senders, and never enter into any financial transaction you have ascertained the identity and legitimacy of the entity with whom the transaction is being made.

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