Online Trading: Online trading scams in India have been involved in the fastest cyber crimes today. Thugs captivate innocent people using pictures of fake apps, websites, WhatsApp groups and celebrities. They promise up to 100% returns, so that people get lured soon. Initially, when people invest a little money, they are shown fake returns, sometimes the trust is also won by sending money to the bank account. But when people invest a large amount, these scammers disappear and it is almost impossible to get back the money.
How does this fraud system work?
The strategy of these thugs is very vicious. They weave such a trap that even a common person gets stuck easily.
Fake apps and websites: The real trading makes a copy of the platform, which looks very professional in appearance. This app forces people to invest more by showing false profits.
Whatsapp/telegram groups: People are added to fake trading groups where fake success stories are shared. Here other members of the group are also people of thugs who show themselves successful investors.
Celebrity misuse: These fake platforms are shown reliable using pictures of famous celebrities like Sachin Tendulkar, Ratan Tata or Mukesh Ambani.
Greed for extraordinary profits: Users are given 5–10% returns daily, which is not possible on any real trading platform.
Why do people still get trapped?
Especially senior citizens or inexperienced investors do not often understand the risks associated with high returns. Since Kovid, people are looking for a way to earn money quickly. Many people do not check whether the app or website is real or fake. Seeing others earning profits in the group, people also start investing themselves.
Save yourself from this cyber fraud
The biggest way to avoid this kind of fraud is awareness and vigilance. These few steps can be confirmed your security.
- Use only SEBI-registered platform, choose only regulated apps like Zerodha, Groww, Upstox.
- Check before download app: Read rating, review and developer details carefully on Google Play Store or App Store.
- Avoid greed, the scheme that looks very good, it may not be real.
- Giving your PAN, Aadhaar or bank details on unknown link or app is not empty of danger.
- Information of any fraud on cybercrime.gov.in or lodge a complaint at your nearest cyber police station.
Do not get greed, be smart
Online trading can really make profits, but only on regular and reliable platforms. If you transfer money to an unknown account, then he may never return the money. In many cases, the accumulated capital of the whole life of the people went away and the police could not do anything.
Also read:
Big shock to iPhone users! These features will not be used from this day, know what users will do now
(Tagstotranslate) tech news hindi
Source link
