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ScamGram: Telegram Is Becoming A Tool For The Wicked In The Stock Market

The rise in scams is a fallout of the retail gold rush seen in the stock markets in recent years.

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Photo by Christian Wiediger on Unsplash
Around two months ago, Dinesh was added to a Telegram group claiming to trade in forex, shares, mutual funds and cryptocurrencies. A 34-year-old village school teacher in Uttar Pradesh, Dinesh was looking at ways to boost his income for the future of his family.Over 10 days, Dinesh transferred Rs 2 lakh to the operator of the Telegram group in installments, using the Unified Payments Interface. This money was Dinesh's life savings, w...
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