“A few weeks ago, someone added me to a Telegram group where they displayed trading P&Ls. Later, they asked me to download their app to make such huge profits, and now they’ve run off with my ₹10 lakh,” one of the victims told our team. So, here’s the question: how to report a Telegram scammer?
There are more than 1,000 such cases reported every day. Despite this, most of the scammers are wandering freely with another plan to loot people.
To stop this, it is important to take quick and appropriate action without further delay. To report a Telegram scam in India, it is important to understand and recognize the type of scam first.
In today’s world, there are different types of frauds, and most people fall into the trap because of unawareness of the fact – ‘Can you get scammed on telegram‘.
But the bitter truth is that, yes, you can.
Scammers are everywhere; all that is required is to use every platform mindfully and think twice before sharing any data or personal information or paying fees.
Below is the list of common fraud and how telegram scams work.
1. Telegram Tips Scam
Beginner traders and investors generally fall for these scams. Starting from social media platforms like Instagram and YouTube, victims are led to premium Telegram groups with the hope of earning profits in stock market trading.
Unaware that they can be scammed on Telegram, they start taking trading tips from unauthorized research analysts or advisors.
Although these scams are related to stock market trading, SEBI doesn’t take responsibility for losses. However, quick action might help people get their telegram scam money recovery.
2. Prepaid Task Scam
Another common Telegram scam these days is the prepaid task scam. Scammers add people to a group and ask them to do simple tasks like watching YouTube videos or liking and sharing videos.
Users get paid for completing their tasks. After gaining trust, scammers ask them to do paid tasks, which require victims to deposit some funds to continue.
Later, when they ask for payments, scammers block them and run off with their capital.
One recent case our team came across involved a B.Tech graduate who lost ₹33 lakh in one such scam. In this case, the only option left with the victim is to report it to Cyber Crime.
3. Unrealistic Profit Earning Scams
In this type of scam, scammers first gain users’ trust using different tactics and later ask them to deposit money in their bank account with the promise of providing double returns.
Users who blindly trust the scammer and are full of greedy transfer money to the scammer’s account.
4. Off-Platform Scams
These are common in trading, where scammers share clone trading app links and ask traders to deposit money into their bank accounts to trade.
Beginner traders, unaware of the process, transfer their hard-earned money to scammers with the hope of growing it but lose their entire amount.
In such cases, SEBI doesn’t take responsibility. However, quick and immediate action to file a complaint with Cyber Crime, with proper drafting and documentation of the case, is essential. You can also lodge an FIR at the nearest police station.
Depending on the nature and complexity of the case, you can report online Telegram scams in India to higher authorities in your state.
How to File a Cyber Crime Complaint?
Filing a complaint to Cyber Crime is completely online, and you can fill it by first registering and then logging in using your username, mobile number, and OTP
So, what happens after Cyber Crime complaints?
The Cyber police check details and do a proper investigation based on the evidence provided & gathered.
How to File a Complaint to SEBI?
For unregistered entities involved in trading scams on telegram, you can report a complaint to SEBI by sending an email.
In case, you need assistance in filing a complaint and following the process ahead, register with us now and get expert support & guidance immediately.
Cyber Crime and SEBI must introduce awareness programs to protect people from falling into such scams.
There should be proper education and alert notices. However, people often become aware of these scams after reading or hearing about cases in newspapers, on websites, on news channels, or on social media platforms.
Proper initiatives by these organizations can reduce the number of such cases and the need for searches like “how to report Telegram scammers.”
