On May 2, 2026, reports emerged indicating that Instagram users are increasingly targeted by sophisticated scams that exploit emotional tactics and fake messages designed to steal money or personal data.
According to documents, scammers utilize various methods, including sending fake friend requests and messages soliciting money or one-time passwords (OTPs). Some of these fraudulent communications claim that Instagram will check or remove accounts due to copyright issues, often directing users to fake links that appear to be legitimate login pages.
Users also report receiving messages notifying them of winning an iPhone or other giveaways, which ultimately ask for payment or personal information. This alarming trend highlights the need for vigilance among Instagram users who may unknowingly fall victim to these deceptive practices.
Key warnings from Kozhikode police:
- The Kozhikode police have issued warnings specifically targeting jewelers against accepting payments from cyber fraudsters for gold purchases.
- Failure to comply with Know Your Customer (KYC) regulations and reporting requirements may result in bank accounts being frozen.
- Authorities advise jewelers to maintain meticulous records and invoices for all transactions, especially during high-value exchanges.
- Cyber criminals are reportedly using jewelry shops as a means to launder money obtained through various scams.
In light of these developments, police urge users not to share passwords or OTPs with anyone, regardless of how convincing the message may seem. Users should also report any suspicious accounts they encounter on the platform to help prevent others from being victimized.
This situation underscores the broader issue of financial fraud facilitated through social media platforms, prompting calls for increased awareness and proactive measures among users. The Kozhikode police’s recommendations serve as a crucial reminder of the importance of KYC compliance and vigilance in financial transactions.
