Blocking Investor Phone Numbers: A Serious Warning Sign for Financial Firms and Investors
Introduction Over the last two decades, financial frauds and misleading investment schemes have become a serious concern in India and across the world. With the growth of websites, social media platforms, video channels, and online advertising, it has become easier for certain financial firms to approach ordinary investors directly and persuade them to invest their hard-earned money. Many such schemes are promoted with attractive promises, including unusually high monthly returns, sometimes claimed to be 2% per month or even more. These returns are often presented as safe, stable, and reliable, even when the underlying business model is unclear or poorly explained. In some cases, the owners or promoters of these firms are projected as respected local personalities, award recipients, social workers, or influential business figures. Such image-building can create false confidence among investors, particularly those who may not have the financial knowledge to assess risk properly. A...