investment scam

The Great Investment Scam: How One Man Swindled 12 Investors out of 1.5 Crores!

The right investment can yield good returns, but it should only be done when you are fully aware of the market. Unawareness, greed for high returns, and little knowledge often lead to huge losses. Recently, in Madhya Pradesh, Prakash (name changed) and 11 others were scammed by a person falsely claiming to be SEBI registered. […]

algo trading software scam

I Subscribed for Algo Trading Software & Lost 1 Lakh Rupees!

A beginner trader not having idea of how to trade often get enticed with the plan or algo trading software that claims easy execution of trades and profit. No doubt, algo trading software are designed to make life of trader easier but it is important to find the reliable one. The reliable one, how to

profit sharing scams risks

The Hidden Dangers of Profit Sharing Scams in the Stock Market!

There are multiple opportunities to make money and earn a profit. Stock market investment is one of those options. But profit is not only earning money, but it is also about protecting your capital from fraudsters & scammers.  Unawareness of market regulations and other parameters leads beginner traders to fall into the trap of profit-sharing

advisory firm scams

How Registered & Unregistered Advisory Firms Scam You!

In the world of finance, everyone wants to make quick profits and hardly put efforts to learn and develop proper trading skills. This opens a gateway for scammers & fraudsters who await to loot your money. The scam could be different but the way scammers approach you is similar in most of the cases. It

whatsapp scam

Complete an Online Task & Earn Money : A New Kind of Scam!

WhatsApp, Telegram, and other messaging apps have made our lives easier, but at the same time, they have generated new types of scams and fraud in the market. Scammers message you on WhatsApp and ask you to complete an online task, promising a handsome payment in return. But later, they wipe out your account. Want

research analyst scam

SEBI-Registered Entity Looted My Hard-Earned Money

Investing in the stock market can be a lucrative endeavor if done right. However, even legitimate-sounding companies can lead to significant financial losses. Here is one such case where a retail trader Shubham (name changed) had a bad investment experience with one of the SEBI registered advisory firm. Shubham: Hello ADB, I want to file

forex trading scam

Beware of Forex Trading Scams: The High Cost of Chasing Quick Profits!

Forex trading involves betting on the rise or fall of the Indian currency relative to other foreign currencies. If the price moves in their favor, traders earn money; otherwise, they lose. This activity is similar to gambling, and above all, forex trading platforms are banned in India. Despite this, people are often attracted to such

stockbroker fraud

My Broker Canceled My Profit, Claiming Unauthorized Trade…

As the number of demat accounts are increasing, so does the count of stockbrokers. Even the top notch stockbrokers sometimes fail to provide satisfactory services to their clients. But thankfully, there is a provision to file a complaint against any issue that you face while trading with registered stockbroker. Now, these issues could be of

stock market courses scam

Is Your Stock Market Course Provider Authentic?

It is important to learn the concepts of the stock market before making any investment decisions on your own. At the same time, it is crucial to register for an authentic course. Sometimes, people with basic knowledge deceive others by selling their courses online. Vipin (name changed) got trapped in one such case and ended

cryptocurrency fraud

I Joined one Whatsapp Group & Lost ₹1 Crore in 3 Months..

There are multiple investment options these days, and yes, there are opportunities to earn passive income, but there is no shortcut to doubling your money. However, unawareness and greed sometimes lead to heavy losses. Recently, our team came across the case of Sunil (name changed), who lost all his lifetime savings after joining one WhatsApp

social media scam

I Joined their Whatsapp Group & Lost ₹30,00,000/-….

We are not influenced but addicted to social media platforms these days. And sometimes, these platform do worse then anything good, especially when we are least aware about something. Recently, our team encountered one such case where victim Pankaj (name changed) joined a WhatsApp group after seeing advertisement on Instagram and lost around INR 30

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