Stock market fraud, April 21 -- With retail participation in the Indian stock market at record highs and social media usage surging, incidents of fraud have escalated sharply. In response, the Securities and Exchange Board of India (SEBI) has issued fresh advisories, urging investors to remain vigilant and avoid falling prey to these increasingly sophisticated scams.

Last year, some 150,000 people reported being victims of stock frauds, an all-time high in India, according to a Bloomberg report.

The report, citing government data, said that in 2024, there were more than 400 stock-market-linked scams reported every day, amounting to more than $1 billion lost. So far, less than 10% of that money has been recovered.

This has come at a tim...