Several gold and silver companies issue important warnings about fraud risk

Several gold and silver companies have issued important warnings. The businesses urge the public to verify information carefully before trading and to conduct purchases only through official channels to avoid scams. Saigon Jewelry Joint Stock Company (SJC) has issued warnings about the emergence of counterfeit fan pages misrepresenting the brand to defraud customers. According to SJC, the scammers typically advertise and invite people to register to buy gold ingots via fake fan pages. The company states that it does not require customers to transfer funds before receiving gold, nor take deposits to hold gold; all transactions are performed directly at official locations. Recently, many counterfeit pages named 'SJC Ho Chi Minh', 'SJC Da Nang' have appeared, using the company's images and brand. These pages often copy content from the official channel and repost information related to registering to buy gold bars or gold rings to create trust. Notably, the fake pages also run advertisements and generate high engagement such as likes, shares, comments, and even blue verification marks to mislead. However, most of these interactions may be fake or artificially created. Other companies including Bao Tin Minh Chau and Phu Quy Group have issued similar warnings. Bao Tin Minh Chau representative said many counterfeit fan pages with blue ticks have appeared, posting false information to scam customers through online appointment booking to buy gold online, asking for personal information or upfront transfers to reserve a spot. The company asserts it does not sell ingots or plain gold rings online, and does not require transfers to personal accounts for deposits. Phu Quy Group also warned of fake official Phu Quy Silver fan pages seeking to mislead. Phu Quy Silver currently does not run any promotions for gold or silver products. Commemorative 50th anniversary of national reunification and 80th National Day products are no longer produced. 'We only use the single legal entity named Joint Stock Company Phu Quy Gold Investment to transact with customers; any entities using similar names but not the correct legal entity are not ours,' the company stated. Phu Quy Group also warned about impostor Phu Quy Silver fan pages. The company currently does not run any promotions for gold or silver products; commemorative products have long ceased production. Phu Quy emphasizes that only the legal entity should be used to transact with customers. All other units or accounts using similar names are not part of the company. The companies urge the public to carefully verify information before trading and only conduct purchases through official channels to avoid the risk of being scammed. Thái Phương, Photo: Lam Giang