Zerodha CEO warns: Biggest stock scams happen on WhatsApp; here's how not to fall
Zerodha CEO Nithin Kamath has issued a warning about prevalent stock market scams operating through WhatsApp and Telegram. Scammers lure users into fake groups with promises of high returns, using fake logos and SEBI registration numbers. Victims are shown imaginary profits but are then asked to pay fees to withdraw funds, after which the scammers disappear.
Zerodha CEO Nithin Kamath has issued a warning about prevalent stock market scams operating through WhatsApp and Telegram. Scammers lure users into fake groups with promises of high returns, using fake logos and SEBI registration numbers. Victims are shown imaginary profits but are then asked to pay fees to withdraw funds, after which the scammers disappear.
