The Ministry of Finance and the Ministry of Public Administration and Artificial Intelligence urgently alert the public to the continued circulation of fraudulent social media posts falsely claiming that the Honourable Davendranath Tancoo, Minister of Finance and the Ministry are involved in investment schemes.

As stated previously by the Ministry of Finance, these claims are entirely false and have no connection to the Minister or the Ministry.

Therefore, official reports have been made by Minister Tancoo to the relevant authorities to trigger investigations.

To keep citizens safe from these emerging threats, Senator the Honourable Dominic Smith, Minister of Public Administration and Artificial Intelligence, and the Ministry continue to strengthen national capacity to detect, prevent and respond to AI-driven threats and digital fraud.

While Artificial Intelligence presents powerful opportunities for innovation, it also introduces risks that demand coordinated vigilance.
Protect yourself and others:
• Trust only official communications from the Ministry of Finance regarding policies or programmes.
• Verify the authenticity of investment opportunities with the Trinidad and Tobago Securities and Exchange Commission (TTSEC)
• ⁠Report any suspicious activity or investment scams to the Trinidad and Tobago Police Service (TTPS) or the TTSEC.

The Government of Trinidad and Tobago remains steadfast in its mission to preserve trust in the digital space and ensure that emerging technologies are used responsibly and ethically for the benefit of all citizens.

Stay alert. Stay informed. Stay safe.