The BCU warned about a scam that uses the image of its new president

The BCU warned about a scam that uses the image of its new president

The deception is based on a note that pretends to be journalistic and shows Washington Ribeiro recommending investments.

Photo: BCU

He Central Bank of Uruguay (BCU) warned about a new modality of scam which circulates using the institutional image and that of its brand new president, Washington Rivero, and that promotes false investments.

Through a statement, the BCU warned citizens about a “false advertising” disclosed through the Internet” that recommends investments using the image of the bank and its authorities. “The public is urged to be extremely careful regarding offers of money or investments that are presented as if they were promoted by the bank BCU, since it is about fraudulent operations”, explained the monetary authority.

In this regard, he insisted that the institution “does not intervene in commercial operations; it does not participate in the offering of products or services; it does not sponsor any entity, nor does it advertise or make any recommendations regarding investments on investment platforms or sites.”

According to the statement, the offer mimics a press coverage published in the press in which they show the president of the BCU, Washington Ribeiro, making investment recommendations.

He also stated that “complaints have already been made to the competent authorities in matters of information security.”

The keys to Ribeiro’s management

On the other hand, the new president of the BCU, Washington Ribeiro, He anticipated what the keys to his management will be at the head of the monetary authority, replacing Diego Labat, who left his post to join Álvaro Delgado’s campaign as eventual Minister of Economy and Finance (MEF).

Among the future axes, Ribeiro stated that his arrival implies “a change of people”, but made it clear that “what will not change are the policies”, anticipating that he is betting on a continuity of the monetary politics driven by Labat.

In this sense, he said that his administration will have three axes: the target range of inflation; the free floating of the dollar; and progress will continue to be made in the modernization of the payment system.

Source: Ambito

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