Sebi warns against securities frauds using social media platforms
Friday, 11 April 2025 SEBI has cautioned the public about the rise of securities market fraud on social media platforms, where fraudsters use fake testimonials and promise guaranteed returns. The regulator advises caution and verification of social media accounts claiming to represent registered entities. SEBI has also introduced a '1600' phone number series to help investors identify legitimate service calls from registered entities.
Social media video showing alleged rape of 16-year-old girl sparks backlash in Portugal
Citing the case, one Portuguese MEP has urged the European Commission to take action to prevent the online spread of harmful content.
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