ADVISORY - Fraudulent Angel Fund scheme in the name of the World Bank

New Delhi, October 5, 2021 - The World Bank’s attention has been drawn to a website https://www.angel-fund.in/#/ that is claiming a fraudulent connection to the World Bank to solicit funds.

This is to caution the public that the World Bank Group has no involvement with the individuals/groups who run this website, and that the content displayed there has been taken illegally from the World Bank’s official website.

Please note, the World Bank is a multilateral development organization that provides finance for government entities and does not finance angel funds or investment schemes for individuals.

For further information contact: indiainfo@worldbank.org

For further clarifications, please also visit https://www.worldbank.org/en/about/legal/scams#3

For information on the World Bank Group, please visit www.worldbank.org

For information on the World Bank in India, please visit www.worldbank.org/in

About The World Bank

The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and innovative solutions that improve lives by creating jobs, strengthening economic growth, and confronting the most urgent global challenges. For more information, please visit www.worldbank.org, www.miga.org, and www.ifc.org.