Dhaka, Aug. 28 -- The Bangladesh Securities and Exchange Commission (BSEC) has warned investors of the stock markets regarding a new type of fraud using artificial intelligence (AI) on social media platforms.
The BSEC's Market Intelligence Department (BMID) recently discovered that scammers are using AI to send enticing messages on platforms like WhatsApp and Telegram to defraud investors.
In a press release issued on Thursday, the BSEC confirmed the fraudulent activities.
"It has been observed recently that fraudulent groups are attempting to deceive investors with lucrative offers for stock market investments on social media. The commission urges all investors to be cautious of such tempting investment proposals," said the press rele...
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