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Jennifer
Gen.xyz Support Team
1.800.XYZ.8422
M-F 9am-5pm PT

Hi,

Using a WhatsApp group, members are added stating they provide tips for Share trading and can make quick profits.

This link is shared to install the App - https://www.upissaxx.xyz/

Once the link is clicked, it's redirected to - https://play.uyjdklhdjk7893.com/1366647487/__roibest_install.html?channel_id=4&rb_pixel_id=23134234&promote_url_id=6729352228&rb_tid=0&invite_code=&rb_page=1&rb_time=1718964849640&link_id=1303451040289367

Now, it looks like a legitimate Google Play Store page. But it's a fake page. Please refer the attached Screenshot (Screenshot.png).


Below are several such scams reported in the media:

https://www.moneycontrol.com/news/business/personal-finance/the-great-big-whatsapp-stock-market-scam-and-how-to-avoid-it-12753010.html

https://timesofindia.indiatimes.com/technology/tech-news/man-loses-94-lakh-to-trading-scam-that-started-on-this-whatsapp-group/articleshow/111166271.cms

https://www.firstpost.com/explainers/whatsapp-investing-scams-duping-people-savings-13768876.html

https://www.indiatoday.in/technology/news/story/delhi-man-loses-rs-1-crore-in-a-new-whatsapp-share-market-investment-group-scam-2542522-2024-05-22

https://www.businesstoday.in/technology/news/story/when-i-tried-withdrawal-i-found-noida-businessman-duped-of-rs-9-cr-to-fake-trading-app-in-whatsapp-scam-432901-2024-06-11

https://www.business-standard.com/markets/news/coaching-class-owner-loses-rs-1-88-cr-to-stock-trading-whatsapp-group-scam-124050800891_1.html

https://www.indiatoday.in/technology/news/story/bengaluru-man-loses-rs-52-crore-after-downloading-stock-market-app-from-whatsapp-2531023-2024-04-24


Please check and take appropriate action.



Thanks!