{"id":882527,"date":"2024-11-30T08:08:54","date_gmt":"2024-11-30T02:38:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=882527"},"modified":"2024-11-30T08:22:17","modified_gmt":"2024-11-30T02:52:17","slug":"stock-market-fraud-bengaluru-man-loses-%e2%82%b991-lakh-to-fake-trading-app-heres-what-zerodhas-nithin-kamath-has-to-say","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/30\/stock-market-fraud-bengaluru-man-loses-%e2%82%b991-lakh-to-fake-trading-app-heres-what-zerodhas-nithin-kamath-has-to-say\/","title":{"rendered":"Stock market fraud: Bengaluru man loses \u20b991 lakh to fake trading app; here\u2019s what Zerodha\u2019s Nithin Kamath has to say"},"content":{"rendered":"<p>Nithin Kamath, co-founder and CEO of Zerodha, has raised concerns about a surge in cyber frauds targeting investors through fake trading apps. His cautionary message comes after a Bengaluru tech professional lost nearly \u20b991 lakh in a recent scam. <\/p>\n<p>Addressing the growing threat, Zerodha CEO Nithin Kamath, revealed that scammers have siphoned off over \u20b91,100 crore in the past nine months. \u201cFake trading app scams have exploded and have become a mega nuisance. These scams work by inducing you to trade and making you think that making money is easy,\u201d he wrote on X (formerly known as Twitter).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nithin Kamath, co-founder and CEO of Zerodha, has raised concerns about a surge in cyber frauds targeting investors through fake trading apps. His cautionary message comes after a Bengaluru tech professional lost nearly \u20b991 lakh in a recent scam. Addressing the growing threat, Zerodha CEO Nithin Kamath, revealed that scammers have siphoned off over \u20b91,100 crore in the past nine months. \u201cFake trading app scams have exploded and have become a mega nuisance. These scams work by inducing you to trade and making you think that making money is easy,\u201d he wrote on X (formerly known as Twitter).<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-882527","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/882527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=882527"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/882527\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=882527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=882527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=882527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}