Archive · 22 May 2025
Sebi Warns Investors Against Market-Related Frauds on Social Media
Sebi, the market watchdog, is warning people about fake investment scams on social media.
Bad guys pretend to be helpful teachers, then trick people into giving them money.
They make WhatsApp groups, tell people to download apps, and get them to send money to fake accounts.
They even use pictures of famous people to trick you.
Always check before sending money!
Sebi warned investors about a rise in market-related frauds on social media.
Fraudsters lure investors using the guise of trainers or educators.
Scammers add investors to WhatsApp groups and convince them to download trading apps.
Investors are then induced to transfer money to fraudulent bank accounts.
Fraudsters often use celebrity images and Sebi-registered intermediary credentials.
- Who
- Sebi
- What
- Sebi cautioned investors about market-related frauds.
- When
- Wednesday
- Where
- Mumbai
- Why
- To protect investors from financial scams.
- Organization
- Sebi
- Location
- Mumbai
- Focus
- Market-related fraud
- Target
- Investors