Fraudsters Posing News Today

Several messages doing the rounds on social media are promising guaranteed returns with minimum or zero effort to ensnare unsuspecting victims who often have no clue as to how they are being duped by organised cyber criminals. It is yet another example of how easy it is to dupe people using the twin psychological tools – fear or greed.

Market regulator Securities and Exchange Board of India (SEBI) has cautioned investors of fraudsters, who are posing as its officers and extorting money under the pretext of resolving grievances.