WhatsApp Scam: HDFC Securities warns, investors should avoid this WhatsApp scam

The trend of investors towards the stock market is increasing rapidly. Especially the number of retail investors is increasing continuously. Along with that, frauds related to the stock market are also increasing. People often become victims of fraud related to the stock market and suffer losses. In one such case, brokerage firm HDFC Securities has alerted the market investors.

Be cautious of fake WhatsApp groups

HDFC Securities has alerted the market investors including its customers and users and has instructed them to avoid fake WhatsApp groups. The brokerage firm says that fake groups are being run on WhatsApp in its name. Claims are being made in those groups to provide good returns to the investors in the stock market. Investors have been appealed to stay away from such groups.

Transact through official channel

HDFC Securities has told the users that they should trust only the official channel for any kind of transaction. Financial information is being stolen by luring people with good returns in fake groups being run in its name on WhatsApp. Investors should first verify any message being sent in the name of HDFC Securities. Take any investment decision based on reliable information and after doing proper research.

Never give personal information

The company says that it does not ask for Aadhaar or PAN card or any personal information related to the user through WhatsApp or any other unofficial channel. Users are not added to any WhatsApp group by the company nor are they asked to make payment anywhere outside the official platform.

Investors should protect themselves in this way

To avoid such fraud, users have been advised to download the official app from HDFC Securities website or authorized app store. The firm has also asked users to immediately inform the company's customer service team if they receive any suspicious message in the name of HDFC Securities.

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