A 19-year-old, Kashif Mirza, was arrested in Ajmer for allegedly cheating over 200 people out of around ₹42 lakh through a fake investment scheme, according to police on Monday. Mirza, a class 11 student, reportedly targeted social media users by promising large profits, claiming an investment of ₹99,999 would yield returns of ₹1,39,999 within 13 weeks.

Described as a social media influencer with a large following on Instagram, Mirza initially paid profits to some investors to gain their trust and attract more people. Police recovered a Hyundai Verna, a cash-counting machine, phones, and laptops from him. Mirza is now under a two-day police remand.

Police advised the public to thoroughly research any investment schemes, check for proper regulation, and be cautious of guarantees or lack of transparency often seen in fraudulent operations.

How do fake influencers scam people?

Fake influencers are increasingly tricking people by promoting fake apps and websites, making it essential for us, as aware citizens, to verify links and sites before trusting them. These influencers often attract attention on social media, convincing people to invest money by promising high returns or exclusive benefits. Through clever tactics, they manipulate users to click on links and follow investment instructions. It’s our responsibility to protect ourselves by thoroughly researching any offer and ensuring the authenticity of influencers, apps, or websites before sharing personal information or investing money.

How to stay safe from fake influencers

  1. Check their profile carefully for authenticity.
  2. Search their name on Google and read reviews.
  3. Discuss with friends or family for a second opinion.
  4. Avoid sharing money without a verified source or proof.
  5. Look for secure websites and official approvals before investing.

Be careful when someone promises easy money. Always check their profile and reviews online. Talk to friends or family before you invest. Never give money without real proof or trusted sources. Scammers often use fake profiles and promises to fool people.