The Ministry for Finance has warned the public that fake news items being posted on social media imitating Maltese news sites are to be ignored.
The fake news articles are making use of a picture of Minister Edward Scicluna to induce the public to invest in a false scheme.
The Finance Ministry said it has taken all the necessary steps to report the case to the authorities concerned.
The Ministry also appealed to people that before they undertake financial investment they verify whether the company concerned in the investment is properly licenced.
The fake articles can be detected because although they use the form and design of Maltese news sites, the URL carrying the articles does not bear the name of a Maltese news site but that of an electronic site that propagates these scam schemes.
The sites include greenviralz.com and goteglobalized.com.