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Pig-butchering stock market get rich quick scam: Telegram, Instagram, WhatsApp used to steal lakhs from investors; tactics used, how to stay safe

By Economic Times - 6 months ago
A 32-year-old woman was scammed after joining a Telegram channel promising high returns. The scam targeted homemakers and retired individuals through unverified channels. Scammers impersonated advisors from reputed banks like HDFC, SBI, and ICICI. Delhi Police have been actively arresting scammers involved in these fraudulent activities.

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