New Delhi, April 30 -- Zerodha chief executive officer (CEO) Nithin Kamath flagged a garve warning for stock market investors in the era of rising online scams and phishing attempts by third party entities. The head of the leading discount brokerage said in a post that among all investment scams, the one that has claimed the most victims is the 'WhatsApp investment scam'.

Kamath took to microblogging platform 'X' (formerly Twitter) and provided a step-by-step breakdown of how the WhatsApp investment scam works, so that investors can notice suspicious activities and protect themselves from falling for such investment scams.

How does the WhatsApp investment works: Here's q step-by-step guide+

Step 1: You're added to a group with names li...