The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes. Such instructions could actually endanger people — citizens receive air strike warnings via smartphone alerts. READ MORE Founder Pavel Durov says tech is meant to set you free However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors.
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