SEBI warns retail investors: These transactions remain as paper trades within WhatsApp, Facebook and other apps – Times of India
In a recent incident, a 58-year-old resident of Kolkata lost Rs 20 lakh to an investment scam on WhatsApp. Initially enticed by a Facebook advertisement offering a complimentary online stock trading course, the victim was subsequently added to a WhatsApp group by the organisers. Following a period of establishing trust, he was directed to a…