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SEBI cautions investors against fraudulent stock-tip WhatsApp groups

Economic Times
Image: The Hindu

“To make these calls look credible, certain members, acting in concert with the operators, post false claims of profit and praise the 'expert'. This practice, known as astroturfing, creates a false impression of genuine support and induces unsuspecting…

Summary from The Hindu

How 2 outlets are covering it

  1. The Hindu
    SEBI cautions investors against fraudulent stock-tip WhatsApp groups

    “To make these calls look credible, certain members, acting in concert with the operators, post false claims of profit and praise the 'expert'. This practice, known as astroturfing, creates a false…

    Read on The Hindu
  2. Economic Times
    Sebi warns investors against WhatsApp stock tips. Here's how you can avoid such traps

    SEBI has cautioned investors against exclusive WhatsApp groups spreading unauthorised stock tips and fake profit claims. The regulator flagged astroturfing, overseas numbers, replacement groups and…

    Read on Economic Times

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