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Scam library

The fake trading app

A slick app shows your deposit growing 5% a day. Withdrawals never arrive.

What it looks like (invented example)

Download the new VIP app for premium clients. Guaranteed 5% daily profit. zerodha-premium.in/app.apk

How it works

  1. 1

    You're added to a WhatsApp “learning” group with fake members celebrating profits.

  2. 2

    An admin shares an app outside the Play Store.

  3. 3

    Small first withdrawals succeed to build trust.

  4. 4

    Larger deposits are frozen; “taxes” or “fees” are demanded to release them.