IBL Ltd (“IBL”) has identified several fraudulent images and videos circulating on social media that misuse IBL’s name and logo, and feature AI-generated representations of its Group CEO, Mr. Arnaud Lagesse. These videos falsely suggest that IBL or its Group CEO is promoting investment opportunities and seek to persuade members of the public to invest money in fraudulent schemes.
IBL hereby draws the attention of the public that these images and videos are fake. Neither IBL nor its Group CEO has any connection with, or has endorsed, the schemes being promoted.
Neither IBL nor its Group CEO requests investments, payments, personal information or banking details through unsolicited social media videos, direct messages or unofficial online platforms.
One of these fraudulent videos also refers to the Bank of Mauritius. In a separate official scam alert issued on 29 August 2026, the Bank of Mauritius has warned the public against AI-generated social media content promoting a fraudulent investment scheme and falsely claiming the endorsement of the Bank of Mauritius and commercial banks operating in Mauritius. The official alert is available here: https://www.bom.mu/financial-stability/supervision/scam-alerts/scam-alert-social-media-post-pertaining-investment-scheme
Members of the public are strongly advised:
Anyone who may have transferred money or disclosed sensitive information should report the matter immediately to the Police and contact their bank or financial institution.
IBL has reported the identified content to the relevant authorities and social media platforms. Members of the public are advised to exercise caution when relying on such posts.
2 September 2026
