The European Union in Sri Lanka and the Maldives has actually released an alert caution of a fraud by an individual impersonating an authorities from the European Union (EU), declaring to supply grants or funds, in particular to young entrepreneurs.This person is reportedly taking money from individuals on incorrect pledges and then disappearing, the notice said, adding that this is a scam.It even more noted that all EU grants and agreements are granted just following an official choice processes that includes the submission and examination of proposals.The EU choice and award treatments never ever allow the services of 3rd parties, such as agents, to assist in funding and will never ever ask for any payment from individuals or organisations in order to process submitted grant propositions or procurement tenders.Those who experience such deceitful activities are urged to report them right away to the pertinent authorities.