India's 'Cyber Jaagrookta Diwas' Campaign Educates Public on Scam Prevention

On November 6, Telangana state in India held its “Cyber Jaagrookta Diwas”, focusing on the threats posed by investment scam. This nationwide initiative launched by the Indian government aims to enhance cybersecurity awareness and guard against cybercrime.

The Telangana Cyber Security Bureau noted that fraudsters increasingly exploit social media platforms like WhatsApp and Telegram to scam. They often pose as “market experts,” misleading the public with purported stock investment advice to lure them into chasing so-called “exclusive investment opportunities.”

In common cases, scammers invite potential victims into groups under the guise of “investment education” or “premium trading signals.” They display fake trading panels and fabricated profit screenshots to create a convincing illusion. Scammers continuously pressure victims to repeatedly transfer funds or pay fees. When victims request withdrawals, they either demand additional fees or disappear.

During this campaign, the public learned how to identify fake trading panels, understand common manipulation tactics used by scammers, and recognize warning signs such as unsolicited investment invitations, promises of high returns in short term, demands to use third-party app, and emotional pressure tactics forcing victims to make quick decisions.

According to Telangana state authorities, investment scams account for 26% of reported cybercrime cases in the state but represent 66% of total financial losses.

Most victims of investment scams are between the ages of 22 and 38, with retirees also constituting a vulnerable group. Additionally, male victims accounted for 76% of cases. By occupation, 33% of victims are private sector employees, 19% are students, and 12% are homemakers.

BrokersView reminds you

Investment fraud groups often use phone calls and emails to lure victims into fake online trading platforms. Therefore, investors should be wary of investment advice from unconventional channels.

Before trading, always carefully verify the financial license of the trading platform to avoid engaging with unregulated ones.