AI-powered scams on the rise as holiday shopping begins – MoneySense

New digital scams increase during peak purchasing The list of newer scams includes AI-based fraud, where scammers create fake websites for retailers along with phishing emails or deepfake videos to impersonate brands or influencers. Fraudsters can also embed malicious links into QR codes — a method that is “very widespread,” Zelvin said. “If you scan […]

Sebi warns investors against unregulated platforms offering digital gold products

Markets regulator Securities and Exchange Board of India (Sebi) on Saturday warned investors against digital or online platforms offering gold products as they pose significant risks to investors and could expose them to counterparty or operational risks.“It has come to Sebi’s attention that some digital/online platforms are offering investors to invest in ‘digital gold/e-gold products’. […]

Only 36% investors have sufficient knowledge of the stock market, says Sebi chairman, shares 4 tips to prevent scam

Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey issued a strict warning on Monday about the rising wave of financial scams aimed at retail investors. He pointed out that only a small part of the investors have a high or moderate knowledge of the securities market, making it much vulnerable to unscrupulous […]