It was a pleasant October morning, Krishna, a resident of Vasant Enclave in Delhi was enjoying his cup of coffee when he received an unknown call. “Hello, who is this?” replied Krishna on receiving the call. “Hello, I am a Treasury officer calling from Gwalior” replied the person on the other side of the call. […]
Nitish (name changed), a new trader with big hopes and dreams of making money through trading, unfortunately, fell into the trap of promises for quick gains in forex trading. This led to a loss of over ₹10 lakh. With the help of our team, Nitish successfully recovered ₹8.10 lakh. Continue reading to learn how he
Opening a demat account and being bombarded with calls offering advisory services? This is a common scenario for many new traders. In their eagerness to seek proper guidance, many end up availing of such services without a thorough understanding of the regulations. Something similar happened to Harsh (name changed), who lost his hard-earned money in
In an era of rapid digital transformation, the convenience of technology comes with lot of challenges. One among those is the rising trend of Digital Arrest Scams. It is a sophisticated form of cyber fraud designed to exploit fear and manipulate victims. Recently, a retired lecturer Ch. Purshotham Sharma got trapped in the scam and
In a major crackdown, the Enforcement Directorate (ED) recently arrested a Bengaluru resident involved in large-scale bank loan and tax scams in India. The accused, Dinesh (name changed), allegedly collected over ₹10 crore by exploiting financial systems, and funneling the proceeds into gold, jewelry, cash, and cryptocurrency investments. The Dual-Front Scam: Bank Loans and Tax
It’s Election time in Maharashtra. What else could be the most appropriate time to expose financial scams involving members of different political parties? The involvement of party representatives in scams sparks controversy in elections and can turn the game on any side. Amidst the elections in Maharastra, a similar case came to light involving a
Lack of knowledge and awareness often makes it easier for scammers to mislead or manipulate individuals new to trading and investment. Deepak (name changed) fell victim to one such fraud when a broker manipulated him using a fake app, ultimately causing a significant loss of capital. However, with our team’s dedicated efforts, Deepak was able
These days it is common to come across various types of financial fraud happening in the country. But have you ever thought of a scam where a person with a different nationality not belonging to your country could make you fall into his trap? Yes, you heard that right. People are always warned to stay
In today’s world, the requirement for loans to meet financial needs has increased significantly. The increasing demand opened up the supply and offers like “0% interest loans”. Well, this offer attracts many people looking for one or the other finance services. Not knowing the hidden scam behind this Akshay (name changed) got trapped in it
In an alarming case of cyber fraud, a computer engineer from Tirupati referred to as Marisarla Balaji Naidu, was arrested for scamming over 200 individuals by exploiting an online platform for fake mobile sales. Since 2018, Marisarla generated nearly ₹60 lakh through these fraudulent activities, with 19 cases registered against him across districts in Andhra
Like every casual day, Nikita opened her trading account to look for trades, unaware of what surprise was waiting for her. With a shocker waiting for Nikita, she was astonished to see that her account balance was -50,000 Nikita panicked and immediately contacted customer support of her stock broker to enquire how is it even
While scrolling through your social media feed, a post catches your eye: “Free stock Tips for 2024! Huge profits, Quick Gains.” The account looks legit, as many users have added positive testimonials. You wondered, “What’s the harm in trying out some free tips to make a profit?” Let’s click on the link and give it
