India, July 7 -- New Delhi [India], July 7 (ANI) Stay alert from messaging platforms such as WhatsApp and Telegram being increasingly misused by cybercriminals to lure unsuspecting investors with promises of quick, high and guaranteed profits.

Authorities have urged citizens to remain vigilant against the growing menace of online investment frauds.

Investigators in the Indian Cyber Crime Coordination Centre (I4C) wing of the Ministry of Home Affairs (MHA) warned that fraudsters create fake investment groups and pose as market experts or representatives of reputed financial firms. They entice users with so-called "VIP stock tips," fabricated trading success stories and assurances of unusually high or guaranteed returns.

Officials, worki...