Zerodha CEO Nithin Kamath warns against WhatsApp investment scam

Zerodha Founder and CEO Nithin Kamath warned about a growing WhatsApp investment scam. Victims are added to fake groups named after reputable brands and shown fake success stories. They are offered “premium signals” through fake app links. After depositing money, fake profits appear. Victims are asked to pay additional fees to withdraw funds, ultimately losing their money. Kamath urged caution.