Demat & Stock Trading Scams: What New Investors Must Know

Somatirtha

WhatsApp and fake apps are scamming new stock investors daily.

Fraudsters promise 30–50% returns to bait first-timers.

Victims see fake dashboards showing massive “profits.”

Then come fake tax, unlocking fees, and blackmail.

Most scams begin with a friendly DM on social media.

Even legit-looking demat apps can be cleverly cloned.

NEVER share OTPs, passwords, or demat logins—ever.

Always verify brokers via SEBI, NSE, or BSE portals.

If it sounds too good to be true—it’s a scam.

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