Co-founder of Zerodha alerts about a scam using courier company names like FedEx and Blue Dart, where fraudsters pose as officials from CBI and crime branch.
Victims receive calls claiming that their parcel was seized by police due to drugs, accompanied by official-looking notices and video calls from fake police officials. Money is demanded to release the package.
Kamath advises staying calm, responding with "I will get my lawyer to speak to you," and not reacting impulsively to avoid falling victim to the scam.
Twitter users share their similar scam experiences, thanking Kamath for raising awareness about evolving fraud tactics.