Neutral impactEconomy
Viral investment tip? SEBI urges investors to check these 3 things before trusting online advice or making payments
Mint 1 hr ago·25 Oct 2026, 8:27 am
The Securities and Exchange Board of India (SEBI) has issued a crucial alert to retail investors regarding the surge in online financial advice. The regulator emphasizes that not all tips shared on social media or messaging apps are genuine. To protect their hard-earned money, investors must exercise caution and verify the source before acting on any suggestion.
This guidance is vital because scammers frequently use fake profiles and impersonate legitimate financial advisors to lure victims. By checking for official registration and verifying the authenticity of trading platforms, investors can significantly reduce the risk of falling prey to fraud. Staying informed and skeptical is the best defense against these digital threats.
Going forward, investors should prioritize due diligence over quick gains. It is advisable to only deal with registered intermediaries and use secure payment gateways. As digital trading grows, staying updated on regulatory guidelines will help you distinguish between genuine opportunities and potential scams, ensuring your investments remain safe.
Excerpt from Mint
SEBI has urged investors to verify three things before trusting viral investment tips: intermediary registration, trading app authenticity and payment details. Learn how these checks can help investors identify fraudulent advice, avoid online investment scams and protect their savings. With advances in technology, the…Read the original at Mint
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