Caution to public against buying / dealing with assets of Sai Prasad Group of companies and its Directors — How to Identify & Stay Safe

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Beware in 2026: Investment Scam Alert in India on Sai Prasad Group Asset Deals

Scammers are duping investors by pushing fake investment schemes tied to the Sai Prasad Group, risking your hard-earned money.

What Is the Caution to Public Against Buying / Dealing With Assets of Sai Prasad Group of Companies and Its Directors?

In 2026, India is witnessing a new wave of investment scams centered around the Sai Prasad Group of companies. The Securities and Exchange Board of India (SEBI) has issued warnings advising the public to avoid buying or dealing with assets linked to these companies and their directors. This scam targets everyday investors looking for lucrative opportunities but ends up costing them heavily.

The Sai Prasad Group, prior to SEBI’s scrutiny, appeared as a legitimate business conglomerate. However, investigations revealed fraudulent activities including unauthorized asset sales and deceptive investment schemes. These fraudulent acts have spanned multiple Indian states and are especially popular among small investors who may not have access to reliable financial advice.

Besides SEBI’s alert, the Indian government’s cybercrime agencies, such as the Indian Centre for Information Security (CERT-In) and the Indian Cyber Crime Coordination Centre (I4C), have also highlighted rising risk of scams leveraging fake group credentials. The scam’s spread through social media channels like WhatsApp and Facebook highlights a worrying trend in India’s digital fraud landscape.

How This Scam Works — Step by Step

1. Initial Contact on Social Media: Scammers create professional-looking Facebook pages, WhatsApp groups, or Instagram profiles under the Sai Prasad Group brand, advertising high-return investment schemes with promises of 20-30% annual profits.

2. Attractive Messages and Testimonials: You receive forwarded messages or direct invites from unknown numbers or “friends” praising the group’s returns. These include fake video testimonials from supposed investors showing off new cars or homes purchased with investment profits.

3. Fake Websites and Documents: You are directed to a polished-looking website mimicking the Sai Prasad Group’s official site, complete with license numbers and fake registrations, making the offer seem legitimate.

4. Prompted to Invest Quickly: Through chats on WhatsApp, fraudsters push for quick decisions, often linking payment requests via UPI or bank transfers into personal accounts disguised as business accounts.

5. Asset Deals Offer: In some cases, the scam escalates by offering to sell “undervalued” assets of the Sai Prasad Group at low prices — such as land, commercial spaces, or vehicles — to lure those who want to buy property or assets below market price.

6. Loss of Money: Once you invest or pay for an asset, communications abruptly stop or become evasive. Attempts to reach the directors or contact details fail. You realize the investments were fake or the assets do not legally belong to these sellers.

7. Victims Trapped: When investors try retracing their money, they find no official recourse as these accounts and websites are untraceable or shut down.

Real Warning Signs to Watch For

• Promises of unrealistically high returns (20% or more annually in short time).
• Urgent calls or messages pressuring you to invest or buy quickly.
• Unsolicited invitations on WhatsApp or Facebook from unknown contacts.
• Fake or inconsistent details on websites and documents supposedly from Sai Prasad Group.
• Payment requests made through UPI to individual accounts rather than official business accounts.
• Testimonials appearing too polished or suspiciously scripted.
• No verifiable SEBI or RBI registration numbers or official approvals.

What Happens to Victims

Victims of this scam suffer severe financial losses, often wiping out their savings or borrowing money to invest. In an Indian context, once money is sent via UPI or bank transfer, getting reversals is difficult — unlike credit card chargebacks. Fraudsters often use multiple bank accounts or SIM-swapped mobile numbers, making it tough to trace. Additionally, the stress of being defrauded can lead to emotional distress, embarrassment, and sometimes social stigma in close-knit Indian communities. Victims may also face problems if their Aadhaar or PAN details were captured during the process, risking identity theft.

What RBI and CERT-In Say

The Reserve Bank of India (RBI) continuously advises investors to verify registration and credentials before making any financial investments. RBI’s helpline (Toll-Free: 1800 112 521) can assist victims where illegal banking transactions are involved. CERT-In, India’s national cybersecurity agency, urges users to be cautious of fraud promoted through social media or messaging apps. The Indian Cyber Crime Coordination Centre (I4C) has intensified monitoring of digital fraud and encourages reporting suspicious activities on cybercrime.gov.in or through the 1930 cybercrime helpline.

How to Protect Yourself

1. Confirm with SEBI’s official website whether the Sai Prasad Group or any company is registered and allowed to solicit investments.
2. Never rush investments or asset deals based on unsolicited calls or social media posts.
3. Cross-check websites and social media pages for legitimacy—look for HTTPS security, official contact emails, and verified social media badges.
4. Make payments only via verified business accounts and avoid sending money to personal UPI IDs.
5. Ask for physical proof of ownership (sale deeds, government approvals) when dealing with asset sales.
6. Avoid sharing sensitive info like Aadhaar or PAN during investment discussions unless sure about the party’s authenticity.
7. Use official helplines (RBI, CERT-In) to verify suspicious offers before proceeding.

What to Do If You’ve Been Targeted

• Immediately block and report suspicious WhatsApp numbers or social media accounts.
• Contact your bank to flag suspicious transactions and request transaction monitoring or freezing if possible.
• File a formal complaint on cybercrime.gov.in and call the 1930 national cybercrime helpline.
• Approach your nearest police station with all evidence — screenshots, transaction IDs, messages.
• Notify RBI or payment platforms if money was transferred using UPI or net banking.
• Keep records of all communications and transaction receipts for investigation.
• Consider seeking help from consumer protection bodies or financial advisors on recovery options.

Frequently Asked Questions

Q: Can I trust any Sai Prasad Group investment offers I see online?
A: No, SEBI and government agencies warn that all recent offers from Sai Prasad Group related companies should be treated with suspicion unless verified through official SEBI or company registrar databases.

Q: If I paid via UPI, is it possible to reverse the transaction?
A: UPI payments are typically instant and final. Reversals are rare unless the receiver agrees to return the money. Always verify before sending and report scams immediately.

Q: How can I verify if a company is legit in India?
A: Use SEBI’s official investor portal and Ministry of Corporate Affairs website to check company registration, directors, and financial filings before any investment.

Be cautious in 2026 and beyond when approached with ‘too good to be true’ investments related to Sai Prasad Group assets. Always verify suspicious messages and offers at BharatSecure.app — your trusted partner in digital fraud awareness and protection.