X users respondGovernment issues ‘warning’ on fake adsWhatsApp’s popularity is one of the reasons why it has become a hotspot for scam.
Amid various types of frauds on WhatsApp, the one related to fake advertisements is much talked about.
Please report these,” Kamath said in a post.“Also to all the brands who reach out, I don't do paid promotions/collaborations/ads/paid speaking engagements of any kind.
"It's great to see you taking a firm stance against paid promotions and collaborations.
Issued in Public Interest by Govt of India,” the message further said.
X users respond
Government issues ‘warning’ on fake ads
WhatsApp’s popularity is one of the reasons why it has become a hotspot for scam. Amid various types of frauds on WhatsApp, the one related to fake advertisements is much talked about. Alerting users about one such scam, leading stock broker Zerodha co-founder Nikhil Kamath has urged users to “use a little common sense please.”In a post on the social media platform X, Kamat shared an image that is promoting a WhatsApp group to join for stock tips by him.He asked users to report the advertisement, saying that he never had any WhatsApp group for stock tips.“Scam alert, this is obviously not from me, I have never had or have any WhatsApp groups, nor do I give tips etc. Please report these,” Kamath said in a post.“Also to all the brands who reach out, I don't do paid promotions/collaborations/ads/paid speaking engagements of any kind. Please stop spamming, and everyone use a little common sense please,” he added.A lot of users reacted to Kamath's post and appreciated him for alerting them against such scams.“By sharing these scam alerts, you're not just protecting yourself, but empowering your entire community to spot and avoid these predatory tactics,” a user said."It's great to see you taking a firm stance against paid promotions and collaborations. Your authentic voice and content are what truly resonates with your audience," another user wrote.Recently, the government issued a warning message to citizens, cautioning them about fake adsbeing used to trick them into scams.“Beware of fraudulent advertisements of stock market/trading/free tips on social media apps!! They may use deepfake videos and images. Never fall prey to greed. Stay safe from scammers,” the message sent from the government read.“Report such suspected fraud communications at Chakshu facility on www.sancharsaathi.gov.in and in case you have already lost money then report on 1930 or www.cybercrime.gov.in. Issued in Public Interest by Govt of India,” the message further said.
