Fraud - Algo Trading
I was reading news continuously for half an hr and keep on clicking on news headline.
I reached to a page where it says, an Infosys founder explaining how they have built an Algo trading platform which will make you rich. From the 1st look, I thought it could be real but NO.
This is what I understood ↙️
Business model: Investor add approx 20k and platform will start an automated trading in Crypto, taking mostly the winning deals so that capital increases everyday.
To find the reality, I registered and got a call where executive explaining how Mukesh Ambani has announced this platform. MUKESH AMBANI? This was the 1st hint of a scam.
Then she asked to screen share for helping me to put money. I was like call me in 1 hr, in the meantime I tried to report this on cybercrime site.
This is what I found in the news later on https://www.thehindu.com/news/national/narayana-murthy-warns-about-deepfake-video-of-him-endorsing-trading-apps/article67641003.ece/amp/
Q: what site did you use?
Person opening this with a fake mindset can easily catch but not when you are continuously reading news.
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