Dhaka, Oct. 12 -- Dhaka Stock Exchange (DSE) Chairman Mominul Islam on Monday warned that investors are being defrauded through fake investment offers, misinformation and promises of doubling their money in a short time on social media.

"Investors are suffering financial losses due to these scams, which are run using the logos of stock exchanges and financial institutions," he said at a seminar titled "Digital Deception and Scam Alert" held at the DSE Tower in the capital's Nikunja area.

Mominul said public confidence in the capital market is also being eroded, stressing the need for modern surveillance, enforcement of laws, greater investor awareness and stronger communication to tackle the situation.

The DSE and the DSE Brokers Assoc...