IPO Scam Alert: Fake Investment Messages on WhatsApp – Verify on BSE-NSE Before Investing

As stock market investment gains popularity in India, it has also become a playground for cybercriminals who are luring people with fake IPO and trading platforms. These scams, often spread via WhatsApp and Telegram, promise high returns but lead to financial fraud.

🚨 The Rise of Fake Investment Scams

In recent years, the investment culture in India has evolved significantly. With more people showing interest in the stock market, cyber fraudsters are now exploiting this shift. They create fake trading platforms and fraudulent IPO schemes to trick investors into parting with their money.

These criminals often use realistic-looking websites and apps to deceive investors. Victims are lured with promises of quick and high returns, but once the money is transferred, the scammers vanish.

❗ How the Scam Works

• Scammers send promotional messages via WhatsApp, Telegram, or SMS offering "guaranteed" high returns.

• They share links to fake websites or apps that mimic genuine trading platforms.

• Initially, victims may even receive small returns to build trust.

• Encouraged, they invest more money — and that’s when the scammer disappears.

• Many times, the app or website vanishes overnight, leaving investors in shock.

🧪 Case in Point: Fake IPO Fraud

According to The Hindu, a man from Tiruppur fell victim to such fraud. He was persuaded to invest in an IPO through a fake company called ‘Adit Pro’. Scammers added him to a WhatsApp group and offered false tips and stock suggestions, creating an illusion of legitimacy.

🔒 How to Protect Yourself from WhatsApp & Telegram Investment Scams

1. Avoid "Too Good to Be True" Returns
   Annual returns of 12-15% are realistic in the stock market. Anyone promising double or triple returns with certainty is likely scamming you.

2. Verify SEBI and RBI Certification
   Always check whether the person or group giving investment advice is registered with SEBI or RBI.

3. Don't Trust Success Stories in Groups
   Scammers often create groups and post fake testimonials to fool users.

4. Never Click on Unverified Links
   If you receive a link from an unknown source, avoid opening it. It could lead to phishing websites or malware.

5. Use Official Apps Only
   Only download trading or investment apps from Google Play Store or Apple App Store.

6. Enable Two-Factor Authentication (2FA)
   Use two-layer safety features and never share your OTP, passwords, or confidential information with anyone.

🆘 What To Do If You’ve Been Scammed?

If you fall victim to an online investment scam:

• Call the national cyber helpline at 1930

• File a complaint at www.cybercrime.gov.in

Cybercrime authorities strongly advise citizens to avoid online job and investment offers that lack complete transparency or official verification.

✅ Final Advice

Before putting your hard-earned money into any IPO or trading offer:

• Verify on official stock exchanges like BSE and NSE

• Ignore random messages on WhatsApp or Telegram

• Always consult certified financial advisors

Don't let a fake promise of profit become a costly mistake. Stay smart. Stay secure.