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Exposing two Facebook pages impersonating Dubai crown prince and offering bogus investment opportunities

IN SHORT: Two Facebook pages using the name of Dubai’s crown prince are offering users non-existent investment opportunities. But be warned, they may be out to scam you.

The Facebook pages Fazza3UAE and Hamdan راشد آل Rashid حمدان Fazza offer investment opportunities to users.

A post on the Fazza3UAE page, dated 13 May 2024, reads: “My  love I would like you to invest in the royal family investment platform. If you invest you will be credited immediately before 2 hours I love you. The royal family is waiting for you to be the first to invest and get double of the money you invested.”

On 4 May, the Hamdan راشد آل Rashid حمدان Fazza page wrote: “In light of recent challenges, I present an investment opportunity starting from 1 thousand dirhams to develop luxurious homes on islands in Uruguay and São Paolo. With a guaranteed 200% return in one month, this venture promises prosperity while contributing to our nation's revitalization.”

The pages use the name and photos of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, also known as Fazza. He is a politician and has been crown prince of Dubai since 2008.

The city of Dubai is an emirate in the United Arab Emirates (UAE), a federation in the Middle East. 

Similar posts can be found here and here

But are the pages and their offers to be trusted? We checked.

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Ignore fake accounts and offers

There are several signs that both pages are impersonating the crown prince.

The first account – Fazza3UAE – was created on 29 March and is not verified. The second one – Hamdan راشد آل Rashid حمدان Fazza– was created on 3 April and is also not verified.

The official page of the crown prince is Hamdan Bin Mohammed Bin Rashid Al Maktoum | Fazza. It is verified by Meta and has over 2.9 million followers, a much higher number compared to the two pages in question. 

We found no investment offers on Rashid Al Maktoum’s official Facebook page. 

Any investment opportunity that offers high returns in a short time should raise eyebrows. Such platforms are not sustainable and should not be trusted.

All signs point to fake pages with scam offers.

For more, read our guide on how to spot investment scams on Facebook.

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