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Police cautions over social media US Dollar scams

US dollar bills. (File Photo/Sun/Mohamed Afrah)

Maldives Police Service has cautioned the public about increased social media scams under the guise of selling US dollars.

In this regard, Police said they have recently taken note of a surge in social media scams to fraudulently obtain money under the guise of selling US dollars.

Henceforth, they urged conducting foreign currency exchange with licensed and trusted parties.

Sale of US dollars in the black market has become a prevalent issue in the Maldives amid a shortage of US dollars.

While undocumented migrants are heavily involved in the sale of US dollar in the black market, such transactions are usually carried out via various platforms including Facebook, Viber and Telegram.

Maldives Immigration has recently detained a group of migrants involved in the illegal sale of US dollar. 

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