Jefferies warns of scammers impersonating its representatives
Jefferies Financial Group has issued a warning regarding scammers that impersonate its representatives, trying to lure victims in India.
The scammers purport to be from “JFR Investment Technology Group” claiming 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 follows:
“We have been made aware of bad actors holding themselves out as Jefferies representatives targeting India residents.
Examples include an advertisement in The Times of India’s 8 March 2024 edition 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 in the name 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 contact customers over social media platforms such as Telegram, WhatsApp or from free email accounts such as Yahoo or Gmail, and any contact with Jefferies will come from an “@jefferies.com” email address and/or be found on the www.jefferies.com website. If you think you or someone you know has been a victim of fraud, please report the matter to the police or other relevant authorities”.