Stock market fraud via WhatsApp, Facebook, Telegram: Two investors lost over Rs 3 crore; how to identify scam and protect yourself

Two investors recently lost over ₹3 crore in stock market scams conducted via WhatsApp, Facebook, and Telegram, where fraudsters posed as market experts and lured victims with promises of high, guaranteed returns and fake success stories. Scammers often use fake groups, websites, or apps to build trust and then demand additional payments-like withdrawal taxes-when victims try to access their money. To protect yourself, always be skeptical of offers promising quick or unusually high returns, verify the credentials of anyone giving investment advice, and never share personal or financial information with unverified sources. Stick to regulated platforms and check SEBI registration before investing