Scam emails are targeting people in Malta – MFSA

Tista' taqra bil- Malti.

The Malta Financial Services Authority said it became aware of emails which appear to be scam emails targeting people in Malta.

In a statement, the MFSA said that an individual, going by the name of Mr Andrew Yaku and claiming to work in the financial services industry outside of Malta, is contacting prospective clients via email stating to represent a high profile client who has some funds he wants to invest outside his home country.

The MFSA is cautioning the public against replying to such emails and to refrain from providing personal details as information available to the MFSA suggests that these emails are likely to be a scheme of dubious nature with a high risk of loss of money.

If you are a victim of any type of financial scam or think you might be dealing with an unauthorised entity, first of all stop all transactions with the company and contact the Authority at as soon as a suspicion arises