IPO Allotment Guarantee and Fake Trading App Scam on social media

How it looks on social media, the red flags and what to do.

Social media scams use real-looking profiles, reels, ads and direct messages. The account may look old, and the comments may be bought. IPO Allotment Guarantee and Fake Trading App Scam is one of the ways this shows up: Groups promise guaranteed IPO allotment or pre-IPO shares at a big discount through a special app. The app shows fake gains and blocks withdrawals.

What ipo allotment guarantee and fake trading app scam looks like on social media

• A direct message from a stranger, a "brand" or a "recruiter".
• A giveaway that asks you to pay a small fee or share a code.
• An ad with a celebrity face and a payment link.

The scammer uses the buzz around public issues and sends messages through groups and ads. They claim that institutional or employee quotas can be bought by retail investors through them. Some offer pre-IPO shares at a low price before listing. They send a link to an app or website, a registration code and instructions to deposit funds. The app is built to look like a broker.

Red flags to check on the social media message

• A guaranteed IPO allotment is promised.
• You must deposit into a special app or wallet.
• A listing gain is quoted in advance.
• The app is not from a known broker.
• A prize needs a payment or a code first.
• The profile is new, or the followers are bots.

What to do

1. Do not deposit money in the app or send details.
2. Apply for IPOs only through your known broker or bank app.
3. Check the issue details on the official exchange website typed by hand.
4. If you paid, call 1930 and keep screenshots of the chat and the payment.
5. Do not pay, share codes or move to another app.
6. Check the account: when it was created, who follows it, and whether the real brand links to it from its own website.

Use Report on the profile, post or ad. If money was lost, call 1930 and report at cybercrime.gov.in.

If money or a code is already gone

1. Call 1930 right away and give the payee accounts and amounts.
2. Tell your bank through the number on your card so it can try to hold transfers.
3. File a complaint on cybercrime.gov.in with the app name, chats and receipts.
4. Do not pay the tax or unlock fee; it is another way to take money.

National Cyber Crime Helpline: 1930; report at cybercrime.gov.in.

Safeavio Sentinel's scam check reads the message you paste and highlights a guaranteed allotment, a forecast gain and a fee to withdraw. The link check helps you review the app or site address before opening it, and the phone scan flags apps from outside a store and risky permissions. It cannot confirm whether an IPO is real or assess a broker, so use official exchange and regulator sources.

Full guide: IPO Allotment Guarantee and Fake Trading App Scam: how it works, signs and what to do. Other channels: WhatsApp, fake app.

Questions