In a shocking case of Internet lawyer falling victim to complexity in the nation’s capital whatsapp fraud, Rs 9.3 million was lost. The victim is an internet crime expert who fell for a prank from someone pretending to be a bank employee
How lawyers were tricked
A lawyer from Thiruvananthapuram in Kerala was duped off huge amounts of money through a scam. Stock Market Fraud. He believed the caller and put lots of money on it.
To attract attorneys, scammers offer them huge returns from stock trading. These instructions led him to become part of “88 Club” “directory, which required downloading software with name-stop tiger”.
By June 27th, the attorney had wired Rs 93 million to different accounts.
Ways to prevent online investment scams
Some important tips that can help you protect yourself against such kind of online fraud include:
Checkup on the legitimacy of any investment opportunity or offer that sounds too good to be true. Conduct thorough research on the company or individual involved.
Scammers frequently create a false sense of urgency or pressure for making quick decisions. Take your time before committing funds into any deal.
Avoid sharing your personal and financial information with unknown and unverified sources. Make sure that you select strong and unique passwords for all your online accounts.
Trade only using reputable and secure platforms. Check their reliability by reading reviews and ratings.
Instantly notify proper authorities about suspicious offers or actions.