7 hrs ago

Kerala Police Warn of Fake Stock Investment Scams

Kerala Police warned people about fake stock-investment advertisements online.

Scammers use computer-made videos of famous market experts and company leaders.

They promise that people can earn very large returns.

Victims may be placed in WhatsApp or Telegram groups that pretend to offer trading lessons.

They are then asked to download fake investment apps and add money slowly.

At first, the scammers may allow a small withdrawal to make the app look real.

Later, they stop people from selling their investments and demand extra money.

Police say people should use registered investment services and report scams quickly.

Key facts

警告来源: Kerala Police’s cyber wing issued the warning in a Facebook post.
Scam promotion: Fraudulent advertisements circulate on Facebook and Instagram.
Fake identities: Scammers use AI-generated videos featuring prominent stock-market personalities and reputed company heads.
Fraud method: Victims are directed to fake applications and websites resembling those of leading trading firms.
Payment demands: Victims may be asked for additional money described as processing charges, taxes or other fees.
Investment advice: Police advise investing only through Securities and Exchange Board of India-registered entities.
Reporting channel: Suspected victims should report to cyber police, preferably within one hour, by calling 1930 or using the cybercrime portal.

theprint.in · 8 hrs ago