Fraud and Phishing Warning

The Federal Trade Commission has issued alerts about fraudulent activities carried out through various messaging platforms with scammers exploiting users’ trust. Kuleana Capital Management LLC takes these alerts very seriously and has internal procedures in place to protect you. However, it’s important for you to be aware and vigilant of different scamming methods and strategies.

Scammers often pose as legitimate entities or persons to deceive unsuspecting victims into sharing their personal information or making payments for goods and services that do not exist. They may use sophisticated tactics, such as impersonating a known employee of Kuleana Capital Management LLC or creating fake websites or social media profiles to deceive you.

PLEASE BE AWARE of a recent scam where someone or a group is impersonating Kuleana Capital Management Portfolio Manager Tim Schenk. The impersonator is using his name to invite and lead a WhatsApp chat group focused on investing in stocks and other securities and the impersonator is asking chat members to invest or share screenshots of trading activity in their personal accounts.

TO BE CLEAR: Kuleana Capital Management does not utilize social media messaging platforms to advertise, market or solicit investments from clients or prospective clients.

Please continue to be cautious about responding to unsolicited communications that appear to come from a Kuleana Capital Management LLC person, address and/or number. Neither Kuleana Capital Management LLC nor its employees solicit or conduct business related to Kuleana Capital Management over social media. While we may post media interviews, market insights and brand-related information on LinkedIn, we do not actively solicit business through any social media platform.

Furthermore, Kuleana and its employees will NEVER communicate with you via WhatsApp, Telegram, Instagram, Facebook Messager or any other messaging platforms. Kuleana will only communicate with you by phone, mail or email using the contact information on record for you from an official Kuleana address (@kuleanacap.com).

We urge you to exercise caution when receiving messages on WhatsApp or any other messaging platforms and be vigilant about suspicious requests. Here are some tips to help you stay safe:

  • Do not share your personal or financial information with anyone, especially if you do not know them.
  • Be cautious when receiving unsolicited messages from unknown contacts or numbers.
  • Do not click on links or download files from unverified sources.
  • Verify the authenticity of requests by contacting the sender directly through a verified contact or official website.
  • Be wary of offers that seem too good to be true and deals that require you to pay upfront.
  • Do not communicate or conduct business via messaging platforms. Attackers use non-email communication media to conduct fraud and Kuleana does not permit its employees or authorized representatives to send or receive work-related communications on such platforms.

Kuleana Capital Management LLC has alerted the appropriate legal authorities about the scam. You are highly encouraged to self-report to the FBI at https://www.ic3.gov (after clicking the link or typing the URL in your browser, select the link on the webpage to “File a Complaint”). You may also reach out to the U.S. Securities and Exchange Commission, FINRA, and/or your local police. For additional resources, please refer to the following FBI website that provides assistance for victims of financial crimes: https://www.fbi.gov/file-repository/financial_crime.pdf/view.