News > Fraudsters using FB, WhatsApp to dupe users with investment scams in India
Fraudsters using FB, WhatsApp to dupe users with investment scams in India
03/07/2024 01:32 PM | Click to read full article
Cybersecurity researchers revealed the alarming rise of investment scams in India peddled through social media messaging platforms such as Facebook, WhatsApp, Telegram, X, and others, in which fraudsters convince users to invest in crypto, stocks by promising assured returns, a new report showed. The findings revealed over 29,000 malicious investment advertisements on Facebook along with a staggering 81,000 fake investment WhatsApp groups.