Zerodha founder Nithin Kamath ‘warns’ stock investors: If you are seeing this post, you are – Times of India

Zerodha co-founder and CEO Nithin Kamath has taken to social media to warn investors about the rising threat of fake trading app scams. His message serves as a timely reminder for individuals to exercise caution when investing. Kamath’s social media post highlights the prevalence of fraudulent applications that closely mimic the interfaces of reputable brokerage…

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Fake trading apps, WhatsApp groups and online training sessions: How a retired engineering college principal lost Rs 8 crore to stock trading scam – Times of India

In a shocking case of online fraud a 59-year old retired principal from a prestigious engineering college in Hyderabad lost a huge sum of Rs 8.1 crore. Resident of Hyderabad, Chennupati Vijayakumar became a victim of an elaborate investment scheme scam. Vijayakumar began transferring funds through a fraudulent investment app called RK Global in July…

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