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Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted through Telegram. These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short span of time. They commonly offer unrealistic returns of as high as 1,000% within 24 hours or even within a few hours. However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. 'Wild West' "He has kind of an old-school cyber-libertarian world view where technology is there to set you free," Maréchal said. Founder Pavel Durov says tech is meant to set you free
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