Share Market Telegram/WhatsApp Scam: How It Works & How to Spot it & Stay Safe (2025 Guide)
Telegram and WhatsApp stock market scams are rising. Learn how to identify scammers, how they contact people, the rules genuine SEBI-registered brokers follow, and what to do if you are scammed. Introduction Telegram and WhatsApp stock market scams are spreading fast in India. These fraudsters present themselves as financial advisors, equity firms, or SEBI-approved experts. At first, they look convincing — they give stock tips and show fake profits — but slowly they trap investors into paying huge amounts. This guide explains how these scams actually work step by step, how to spot them, and what action to take if you are targeted. 1. Step-by-Step: How These Scammers Operate 1. Initial Contact - They get investor details from broker sites, trading forums, or random databases. - They add you to a WhatsApp/Telegram group and start sending free stock tips. - In the beginning, the tips look genuine — e.g., “Buy XYZ stock at 120, sell...