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PRESS RELEASE October 5, 2021

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  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.

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For information on the World Bank Group, please visit

For information on the World Bank in India, please visit