Scam and Fraud Awareness | SLB

Scam and fraud awareness

Awareness is key to prevent becoming a victim of a fraud or scam.

There have been instances of people fraudulently acting as representatives of SLB in various scam scenarios including recruiting, false purchasing schemes, and business email compromise.

These scams rely on convincing the victims that the communication they are receiving is legitimate, when in fact it is not. SLB cannot control the fraudulent use or impersonation of our name, company, and employees by unknown third parties.

However, if you are aware of instances where SLB is being impersonated in scams and frauds, we would like to know. If you have information that you believe would be useful, please forward the original fraudulent correspondence along with screenshots to communication@slb.com.

Additionally, the following information is provided to help identify and prevent such scams.

For many scams and frauds, this impersonation can take place with the use of

  • Fake email addresses
  • Fake websites
  • Fake social media profiles.

If you are approached by someone claiming to be from SLB, or you are currently doing business with SLB and you identify suspicious communications or impersonations, you should do the following:

  • Confirm that the email address or website ends in slb.com.
  • Attempt to confirm that the person you are corresponding with is an actual employee of SLB, especially if the connection or communication is new or over social media.
  • If in doubt, visit www.slb.com and confirm the information that you have received, such as business locations, operational information, and company representatives.
  • If you are still concerned about verifying the validity of the information that you have received, you can contact an SLB representative via our Connect With Us page.

Types of scams and frauds
The following are just a few types of externally generated scams and fraud that have been identified as improperly impersonating SLB and its employees.

False SLB purchase scheme

SLB purchases follow specific processes and controls, originate from legitimate company locations, and are requested and approved by legitimate employees with proper slb.com emails and contact information. Be aware of large dollar purchase requests with delivery of goods to remote locations or drop shipping destinations. These scams are usually also made with fake SLB email addresses and fake SLB employees. If the validity of a purchase request is in doubt, please contact SLB Supply Chain to confirm the purchase.

Investment scams

SLB stock is publicly traded on the New York Stock Exchange (NYSE: SLB). Investors wanting to purchase SLB stock should do so through their own brokerage and banking services. SLB will never solicit investments via social media or other forums.

False business propositions

SLB has specific processes in place to become an SLB supplier, customer, business partner, contractor, and SLB employee. Be aware of scammers who may attempt to impersonate SLB and then try to receive an advance payment or sensitive information from you. Other impersonations could include the false purchase or sale of assets, equipment, inventory, or business arrangements and contracts. Always conduct a second verification with a legitimate SLB representative if you are unsure of the legitimacy of a business transaction.

Recruitment fraud

Stay alert for job offers that require payment for visas or immigration documents. Legitimate employers do not ask for money from job seekers. Learn more about the signs of recruitment fraud here.

Business email compromise

Business email compromise (BEC) is a classification of frauds whereby a third-party fraudster impersonates an individual or company and has a victim transfer money or sensitive information to the fraudster. This impersonation could occur from a spoofed or similar email address or be a result of having an email account hacked. Be aware anytime a supplier gives notice that they are changing their bank account, as this request could be part of a BEC scam. Always conduct secondary checks and verbal call-backs to original contacts if a BEC is suspected.

Gift card and money transfer scams

SLB and its executives will never reach out to other employees or third parties to purchase gift cards, money orders, or wire transfer funds on our behalf. Be particularly aware of fake SLB profiles reaching out via WhatsApp, Instagram, WeChat, LinkedIn, or any other communication or social networking site requesting the purchase or transfer of cash or cash equivalents.

If you think you are a victim of a fraud or scam, what can you do?

Report the incident to your local law enforcement agency for guidance, particularly if you suspect the disclosure of personal or financial information or you have experienced financial loss.

SLB cannot control the fraudulent use or impersonation of our name, company, and employees by unknown third parties. If you are aware of instances where SLB is being impersonated in scams and frauds, we would like to know. If you have information that you believe would be useful, please forward the original fraudulent correspondence along with screenshots to communication@slb.com.

Awareness is key to prevent becoming a victim of a fraud or scam. If you’d like more information on protecting yourself from fraud and scams, please visit https://consumer.ftc.gov/scams.

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