Archive · 29 Jul 2026
Kerala Police Warns of Online Trading Scams
The Kerala Police have issued a warning about online trading scams on social media.
Scammers promise high returns and guaranteed profits to lure people.
They use fake trading apps and ask victims to transfer money to various bank accounts.
The police advise people to be cautious and only use registered brokers and authorized platforms.
They also provide a helpline and portal for reporting such frauds.
Kerala Police warn about a surge in online trading scams on social media.
Scammers promise unrealistic returns and use fake trading applications.
Victims are asked to transfer money to multiple bank accounts.
Fake apps display fabricated investment returns to trick victims.
Police advise using only registered brokers and authorized platforms.
- Who
- Kerala Police and online scammers
- What
- Warning about online trading scams
- When
- July 29, 2023
- Where
- Kerala, India
- Why
- To prevent financial fraud and protect investors
Scammers
Kerala Police
Promises of High Returns
Scammers
Scammers promise unrealistic returns and guaranteed profits to lure victims.
Kerala Police
Kerala Police warns against such promises and advises caution.
Use of Fake Applications
Scammers
Scammers use fake trading applications to display fabricated investment returns.
Kerala Police
Kerala Police advises against using unregistered trading platforms.
- Date
- July 29, 2023
- Location
- Kerala, India
- Scam Tactics
- Promises of 100% profit, guaranteed returns, premium IPO allotments
- Reporting Mechanism
- National Cybercrime Helpline: 1930, National Cyber Crime Reporting Portal: www.cybercrime.gov.in
- Advice
- Use only registered brokers and authorized trading platforms