𝐀𝐒𝐓𝐄𝐑𝐈𝐀𝐋 𝐏𝐑𝐎𝐌𝐎𝐓𝐄

𝐀𝐒𝐓𝐄𝐑𝐈𝐀𝐋 𝐏𝐑𝐎𝐌𝐎𝐓𝐄

𝐀𝐒𝐓𝐄𝐑𝐈𝐀𝐋 𝐏𝐑𝐎𝐌𝐎𝐓𝐄 Telegram | DID YOU KNOW?

These entities are reportedly operating nine Telegram channels with more than five million subscribers to whom they were making recommendations on selected listed scrips. Such recommendations induced the investors to deal in the said scrips, thereby creating artificial volume and price rise. Perpetrators of such fraud use various marketing techniques to attract subscribers on their social media channels. 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. 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. In addition, Telegram's architecture limits the ability to slow the spread of false information: the lack of a central public feed, and the fact that comments are easily disabled in channels, reduce the space for public pushback.
𝐀𝐒𝐓𝐄𝐑𝐈𝐀𝐋 𝐏𝐑𝐎𝐌𝐎𝐓𝐄 from sa

𝐀𝐒𝐓𝐄𝐑𝐈𝐀𝐋 𝐏𝐑𝐎𝐌𝐎𝐓𝐄. 𝐀𝐒𝐓𝐄𝐑𝐈𝐀𝐋 𝐏𝐑𝐎𝐌𝐎𝐓𝐄

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