Morocco's Central Bank denies false information using its identity

Bank Al-Maghrib (BAM), Morocco's central bank, has issued a statement denying false information circulating online that uses its identity.

According to BAM, a press article published on a fraudulent news website misrepresents the bank by promoting a fake investment platform, while also using the image of BAM’s Wali, possibly created through artificial intelligence.

The article falsely promises significant profits from the supposed platform. BAM has clarified that this content is completely false and warned the public to disregard it. The bank also announced that it reserves the right to take legal action to protect its image and rights.