Archive · 6 Aug 2025
Aswath Damodaran Grades Instagram Scam Using His Name
Imagine a famous teacher, Professor Damodaran, found out someone was pretending to be him on Instagram to trick people into giving them money.
The fake account promised big returns, which is usually a red flag!
Damodaran rated the scam like a school project, pointing out its flaws.
He then gave advice, like always check if something sounds too good to be true and don't let the fear of missing out lead you to bad choices.
He also reminded everyone that he shares his teaching materials for free to help people.
NYU Professor Aswath Damodaran was surprised to find an Instagram scam using his name.
Damodaran graded the scam, assigning an A- for language, a C- for content, and an F for messaging.
The scam involved asking people to invest with Damodaran, which he does not do.
Damodaran shared advice on protecting oneself from stock market scams, especially those using AI.
He offers his educational materials openly and for free on multiple platforms.
- Who
- Aswath Damodaran, a professor at NYU's Stern School of Business, and the people behind the Instagram scam.
- What
- Aswath Damodaran discussed an Instagram scam in his name and offered advice on avoiding scams.
- When
- No specific date is mentioned.
- Where
- The scam was on Instagram.
- Why
- To educate investors on recognizing and avoiding scams, especially those using AI.
Scam Tactics
Investor Risks
Greed vs. Prudence
Scam Tactics
Scammers will exploit any vulnerability, including FOMO, to extract money.
Investor Risks
Those seeking investment should be wary of any unusual high returns.
- Person involved
- Aswath Damodaran
- Profession
- Professor of Finance
- University
- NYU's Stern School of Business
- Scam type
- Instagram investment scam
- Damodaran's grade of scam
- A- (language), C- (content), F (messaging)
- Damodaran's Advice
- Avoid ROMO & FOMO, do your homework