January 18, 2026
WhatsApp Scams Target Retail Investors, Imitate Saxo and JP Morgan

The Belgian Financial Services and Markets Authority has
reported a rise in fraudulent WhatsApp groups offering so-called “exclusive
investment tips.” Fraudsters use these groups to promote fake trading apps and
manipulate share prices. They often pose as well-known institutions, including
Saxo Bank and JP Morgan.Back in August…
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