Telegram boasts 500 million users, who share information individually and in groups in relative security. But Telegram's use as a one-way broadcast channel — which followers can join but not reply to — means content from inauthentic accounts can easily reach large, captive and eager audiences. In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies. Some privacy experts say Telegram is not secure enough However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. 'Wild West'
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