Angel One warns investors about fraudulent social media groups impersonating its brand

Angel One Ltd, a leading fintech company, has issued a corporate alert regarding the rising number of fraudulent social media groups impersonating its brand. The company has discovered unauthorized groups operating on WhatsApp and Telegram that are misusing Angel One’s name, logo, and the identities of its senior executives to deceive the public. These groups are engaging in illegal activities such as offering unregistered securities advice and making false claims about investment returns.

In a statement, Angel One emphasized that it does not add clients to unofficial social media groups or solicit funds through unauthorized channels. “We strongly urge investors to verify the authenticity of any communication claiming to be from Angel One. All legitimate transactions should be conducted through our official platforms,” said a company spokesperson.

In Siliguri, the company has highlighted that such fraudulent schemes are becoming increasingly prevalent in regional markets. Investors in Siliguri are advised to exercise caution and ensure that they only engage with verified platforms to safeguard their investments. Angel One also encouraged investors to report any suspicious activity to law enforcement agencies and the Cybercrime portal to protect their financial security and avoid falling victim to such scams.