Jammu, Oct. 13 -- Messages promising to turn Rs 5,000 into Rs 10,000 in a week, with "guaranteed returns" and "wealth without risk," may be landing on your phone several times a day. Jammu and Kashmir Police say these not lucky breaks but a bait laid by cyber fraudsters.
The police have issued a strong advisory warning the public against fake trading applications and bogus online investment schemes. Criminals are using these to loot unsuspecting people across the Union Territory.
According to police, the fraudsters build apps and websites that look authentic. The names, logos, live graphs and charts imitate well-known, registered investment platforms, so that nobody suspects anything at first glance.
Once trust is established, the lures ...