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

PMS Scams

How I Saved Myself from Falling into a High-Return PMS Scheme…

Portfolio Management Services involve a registered entity taking charge of your investment. However, there are no guaranteed returns or promises in such services. People with no knowledge or awareness often get trapped in such schemes and lose their entire capital. Recently, Rajeev (name changed) shared with us one such case. Although he didn’t fall into

brokerage scam

He Opened my Demat Account & Later Charged Brokerage of ₹21,000/-….

In the name of stock broker there are individuls and companies who misguide beginner traders and charge heavy fees and brokerage. Even registered brokers are found to be the part of such scams sometimes. It is therefore important for you to stay alert and ask for every document to validate their registrations and also ask

stockbroker scam

When My Broker Doesn’t Allow me to Book Profit…

For retail traders, brokers often claim to provide a safe trading environment and reliable apps. However, glitches do occur, and traders can report these issues to SEBI and the exchange. But what if there are no reported technical glitches, yet you still face problems trading, withdrawing money, or booking profits at the right time? This

profit sharing scams

Spot the Scam: How One Trader Outsmarted Fraudsters and Saved His Finances!!!

Scamsters know how to scam, but it is an individual’s responsibility to prevent themselves from falling into such traps. It’s your money, and you must be vigilant and responsible for safeguarding it. Recently, our team came across a case where Rajan (name changed) received a call from Ride Trading Consultancy (name changed), which claimed to

unethical advisory

My Greed Trapped Me in a Fraudulent Investment Scheme…

Investment fraud is a distressing and all-too-common issue that can have serious financial and emotional repercussions for victims. Recently, we received a troubling case involving Mukesh (name changed), who sought our assistance regarding an alleged investment fraud perpetrated by a person named Kunal Jain (name changed). This incident highlights the importance of vigilance and legal

I Received Random Calls After Opening a Trading Account and….

Fraudsters and scamsters are always on the lookout for new traders who are not well-versed in the stock market. They lure these novices with various schemes, courses, and recommendations. Since beginner traders are often unaware of regulations, they easily fall prey to these scammers and lose lakhs of their hard-earned money. A similar case happened

ipo scam

My Sister Lost ₹90 Lakh by Investing in Fake IPOs…

The stock market is completely regulated by SEBI, and any kind of investment, including IPOs, should be done using SEBI-registered brokers’ trading apps. If someone recommends any other app, it is the first sign of a scam. However, incomplete information and the greed for high returns can lead you to fall for such frauds and

stock market course scam

Are You Actually Buying Stock Market Course or Tips?

Have you decided to learn about the stock market before investing your hard-earned money? Great! So, where have you decided to learn from? Have you chosen an online platform or an offline one? Well, whatever method you have selected, it is important to gain a complete understanding and conduct a proper investigation before paying any

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