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HIBOX Scam Exposed: Influencers and PhonePe Under Scrutiny in Rs 500 Crore Fraud Case

2024 • 3min • News • Business

Informative

Published on: October 04, 2024 - Are you investing through mobile apps or unverified platforms for astronomical returns? Beware of the HIBOX scam that duped investors of ₹500 crore! The Delhi Police have summoned popular influencers like Elvish Yadav and Bharti Singh for promoting this fraudulent app, which promised high returns but quickly collapsed. Learn about how HIBOX lured victims, the role of payment platforms like PhonePe, and the growing threat of digital fraud. Stay informed and protect your investments