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SEBI Warns Investors Against Fraudulent Stock-Tip WhatsApp Groups
SEBI warns investors against fraudulent stock-tip WhatsApp groups using fake endorsements and overseas numbers.
The Securities and Exchange Board of India cautioned investors on October 22, 2026, in New Delhi regarding fraudulent WhatsApp stock-tip groups. SEBI stated that unregistered persons use overseas numbers and 'astroturfing' to post fake profit claims and praise for fake experts. The regulator warned that operators often invite members to new groups after previous ones are banned by social media platforms.
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SEBI Warns Investors Against Fraudulent Stock-Tip WhatsApp Groups
SEBI has issued a warning regarding fraudulent stock-tip groups operating on WhatsApp. These unregistered entities use invitation-only groups and overseas phone numbers to target unsuspecting investors. To build false credibility, operators employ members to post fabricated profit claims and praise the 'expert' advisors. The regulator emphasizes that these schemes are designed to deceive investors through coordinated misinformation. Investors are urged to verify the registration of any financial advisor with SEBI.