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Tag: scam prevention

Politics

Zerodha founder Nithin Kamath ‘warns’ stock investors: If you are seeing this post, you are – Times of India

Zerodha co-founder and CEO Nithin Kamath has taken to social media to warn investors about the rising threat of fake trading app scams. His message serves as a timely reminder for individuals to exercise caution when investing. Kamath's social media post highlights the prevalence of fraudulent applications that closely mimic the interfaces of reputable brokerage platforms. These fake apps lure unsuspecting victims with promises of easy profits and then disappear with their invested funds.In a post shared on X (formerly known as Twitter), Kamath emphasise on the importance of investor awareness. He urges individuals to be suspicious of unsolicited investment offers.Read the post here“These fake app and website scams keep getting worse and worse. Not a day goes by where I don't read about su...