Zerodha CEO Nithin Kamath alerts against rising threats in India as several, including journalist, duped
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Amid a surge in "Pig Butchering" aka "romance" scam, online brokerage firm Zerodha founder and CEO Nithin Kamath has raised apprehensions about the growing number of people in Indian becoming its victims. In a post on X (formerly Twitter), Kamath said: "The scale of pig butchering scams in India runs into tens of thousands of crores. It is scary how many people fall for fake job offer scams, scammy high-return investment schemes and crypto investments, etc.