2 weeks ago

Just Pause: Slowing Down Can Help Avoid Investment Scams

Just Pause: Slowing Down Can Help Avoid Investment Scams
Just pause: How slowing down can help you avoid investment scams · indianexpress.com

Some bad people try to trick others into giving them money by pretending to offer investments that will grow the money.

They create fancy websites, fake profit screens and groups on apps like WhatsApp and Telegram.

They also use tricks to make people feel excited or scared, like saying an offer is only available for two hours.

At first, they may even let people take out a little money so it seems real, and then they push for bigger payments.

Experts say it is not about being uneducated—anyone can be tricked when they feel hopeful or afraid of missing out.

Scammers can also make a person feel silly about leaving an investment after putting in money, so the person keeps paying.

To stay safe, experts recommend pausing for a whole day before paying any money.

Checking with a trusted adult and verifying that the company is registered with SEBI is very important.

Real investments do not need you to decide right away, and nobody should ever ask for secret codes like OTPs.

Key facts

Key advice
Pause, verify, invest
Cooling-off period
24 hours before acting on an investment offer
Main scam tactics
Promises of high returns, urgency and fake profits
Common scam channels
Fake trading platforms, cloned websites, WhatsApp and Telegram groups
Verification
Check SEBI registration and SEBI's verified UPI handles before paying
Regulator
Securities and Exchange Board of India (SEBI)
Digital arrest
Not a legal concept under Indian law
Internal warning signs
Urgency, secrecy, and believing 'everyone else is making money'

Quotes

Nirali Bhatia

Cyber and counseling psychologist

“"SEBI has repeatedly cautioned the public this year against unsolicited investment tips on WhatsApp and Telegram, and against fraudsters who forge its letterheads and registration numbers."”
indianexpress.com
“"The new‑age investment scam doesn’t look like a scam. It looks like a sophisticated investment opportunity."”
indianexpress.com

Sources

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