Google Play Store to label verified investment apps in India amid fraud surge

In a bid to curb rising digital investment frauds, Google will begin labelling verified investment applications on its Play Store in India, enabling users to distinguish legitimate trading platforms from fraudulent ones.

Securities and Exchange Board of India (Sebi) chairperson Tuhin Kanta Pandey on Wednesday said that intermediaries registered with the regulator will carry a verified badge on the Google Play Store, helping investors identify authentic apps while making impersonation significantly more difficult.

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