NPCI Promotes Digital Safety by Raising Awareness of Investment Fraud

News Desk, News Nation 360 : One of the most dishonest types of financial crime is investment fraud, which is frequently motivated by psychological manipulation techniques known as social engineering. By posing as financial professionals, creating endorsements from respectable companies, or even employing phoney videos of social media stars, scammers gain credibility. They entice people to invest without doing their research by offering exceptional returns, unique investment opportunities, or time-limited discounts. After the victim invests, the scammers either vanish quickly or keep stealing money until the victim understands he is being duped. As frauds improve with technology, awareness remains the best defense against these psychological tricks. These days, investment frauds have become common; two of the major ones include using a fake trading platform and app referred to as "high-yield investments," which attract victims with made-up profits before blocking their ability to withdraw funds, and the discounted stock scams where con artists collect money into personal accounts for illiquid or low-volume stocks that promise fast returns. Fake job scams also extract fees and commission payments under the guise of a job; Ponzi and pyramid schemes lure investors to put out their money with promises of unreasonable returns, using the money of new investors to pay the returns of earlier ones and inevitably collapsing when new investment stops coming in. In order not to be fooled by them, persons should also verify any investment company from the concerned of a consummate authority website like SEBI and RBI, be suspicious of offers that guarantee high returns, avoid making any decision in a hurry when pressured, ensure that the website or email address is genuine by checking for legitimate URLs and HTTPS, and never give personal information or banking details as the perpetrator uses that information to deceive and steal from his or her victim. Being to be alert and doing thorough research is the best protection against those frauds, and anyone should report suspicious occurrences that come in through their doors to the National Cyber Crime helpline by calling: 1930 or the Department of Telecommunication through their website: sancharsathi.gov.in, making sure that any such incidents have been recorded through saved messages and screenshots.