Nithin Kamath raises alarm over digital arrests, claims Indians lost more than £ 2,000 crore | What should you do? | Company Business News

Nithin Kamath of Zerodha emphasized an increase in digital fraud in India, with losses of more than £ 2,000 of this year. He set out how scammers feared through false police calls, who requested people to stay calm and consult experts before performing. Nithin Kamath, Nithin Kamath of Zerodha, warns against the increasing loss of digital fraud of more than £ 2,000. Zerodha co -founder Nithin Kamath emphasized the growing number of arrests in digital fraud in India. According to him, people across the country have lost more than £ 2,000 this year. Nithin Kamath took to social media platform X to share details of the scam of the digital arrest. “Indians lost more than £ 2000 crores against digital arrest fraud this year. These scams work by creating fear in people. They take advantage of people’s tendency to make mistakes when they are afraid,” Kamath wrote on X. How does a scam for digital arrest work? Zerodha co-founder further described how people are deceived in the scam. His message reads: “You get a call from a person claiming to be a police officer. They tell you that a courier package has been seized in your name because it contains illegal items such as drugs or other smugglers. matter to close. ” Kamath further warned: “Those of us who are trained may think that no one will fall for such obvious scams, but that the trained Indians have become the victim of this fraud.” What should you do? At least talk to someone who is knowledgeable, with your lawyer, or just walk to the nearest police station. The fraud works because we instinctively get scared and will do what is needed to avoid problems. Do not respond in a hurry. Block or do not receive calls and messages from unknown numbers, “he wrote. Catch all the business news, corporate news, news reports and latest news updates on live currency. Download the Mint NewsApp to get daily market updates. Business Newsompooplenithin Kamath increases alarm over digital arrests, claims have lost Indians over £ 2,000 crore |