SEBI cautions investors against fraudulent stock-tip WhatsApp groups

SEBI cautions investors against fraudulent stock-tip WhatsApp groups

SEBI warns investors about fraudulent stock‑tip groups on WhatsApp. These groups use coordinated members to post false profit claims and praise the so‑called “expert,” a tactic known as astroturfing that creates an illusion of genuine support and prompts investors to act. The regulator urges verification of tips and says it will pursue action against such schemes.

SEBI cautions investors against fraudulent stock-tip WhatsApp groups — PinBrief