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However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. Crude oil prices edged higher after tumbling on Thursday, when U.S. West Texas intermediate slid back below $110 per barrel after topping as much as $130 a barrel in recent sessions. Still, gas prices at the pump rose to fresh highs. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies. He adds: "Telegram has become my primary news source."
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