Radhika Gupta Warns Investors Against Fake Profiles Promising Stock and Crypto Tips

CEO Raises Red Flag on Impersonation

Radhika Gupta, CEO of Edelweiss Mutual Fund, has issued a strong Radhika Gupta impersonation alert against fake social media accounts using her name. She revealed that several fraudulent profiles have surfaced on platforms like X (formerly Twitter), Instagram, Facebook, and WhatsApp. These accounts are falsely claiming to offer stock market advice and cryptocurrency recommendations to unsuspecting investors.

“There are fake profiles of me on X, Insta, Facebook, and WhatsApp. Many of them. My real handles on all platforms are verified, and I don’t actively use Facebook,” Gupta clarified in a recent post on X.

No Stock or Crypto Recommendations

Gupta stressed that she does not provide stock tips or recommend cryptocurrency investments on any channel. By posing as her, these impersonators are misleading the public and attempting to exploit investor trust. She added that all her genuine accounts carry verification marks, making it easier for followers to identify them.

She also urged her audience to remain alert and report any suspicious profiles. “Sorry for this, and please report any fakes you see,” she wrote, calling on her followers to help curb the spread of impersonation.

A Growing Scam Trend

This incident highlights the rising cases of impersonation in financial markets. Fraudsters often create fake accounts using the names of prominent business leaders and financial experts to promote misleading content. In many cases, such impersonation attempts lure investors into fraudulent schemes, promising high returns on stocks or cryptocurrencies.

The growth of social media has amplified this problem. With quick access to millions of users, scammers can easily spread misinformation and target inexperienced investors. Financial regulators and market leaders frequently urge the public to verify the authenticity of accounts before acting on any advice.

Gupta’s Consistent Investor Education

Radhika Gupta is widely recognized for her investor education efforts. On her verified accounts, she regularly shares insights into mutual funds, disciplined investing, and the power of long-term wealth creation.

Recently, she spoke about the benefits of systematic investment plans (SIPs), calling it the “aam crorepati ki kahaani.” According to her, SIPs have the potential to create significant wealth, but only when investors stay consistent and patient. “Can SIPs make you rich? Yes, if you give them time,” she posted, encouraging retail investors to focus on disciplined wealth creation rather than short-term speculation.

Investor Takeaway

The warning from Gupta comes at a time when online investment scams are on the rise. By highlighting the existence of fake profiles, she reinforces the need for investors to remain cautious. Relying on unverified social media accounts for stock tips or crypto advice can result in financial loss and fraud.

Investors are advised to always cross-check the authenticity of financial advice, stick to official verified handles, and consult licensed professionals for investment decisions.

The Radhika Gupta impersonation alert also serves as a reminder of the risks that come with the growing influence of digital finance communities. While social media has made financial knowledge more accessible, it has also opened the door for scammers to misuse trust.

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