Cybersecurity researchers have revealed an alarming rise in investment scams in India that are being promoted through social media messaging platforms such as Facebook, WhatsApp, Telegram, and others. The findings revealed over 29,000 malicious investment Additionally, the report emphasised the concerning tactic of impersonation, with 81,000 X accounts posing as recognized financial institutions to lend credibility to these scams. "Scammers …
Hyderabad: Investment frauds are on the rise in the city, with new-age crooks and con artists scamming investors by promising huge returns in a short period of time. The con artists use WhatsApp groups to lure people to make cryptocurrency investments with the promise of huge profits. According to Dr. Gajarao Bhupal, joint commissioner, Central Crime Station, Hyderabad, in all …
