SRINAGAR, April 20 -- In a bid to safeguard citizens against the growing threat of investment fraud, the Cyber Police has issued a stern warning regarding the proliferation of fake investment applications. The emergence of these fraudulent apps has become a cause for concern, as scamsters lure unsuspecting individuals with promises of lucrative returns on their investments.

The modus operandi of these scamsters typically involves the creation and promotion of seemingly legitimate investment platforms through mobile applications.

These apps often boast attractive features and enticing offers, aiming to captivate potential investors. However, behind the facade of legitimacy lies a web of deception, designed to swindle innocent victims of ...