fake finfluencer scam

Fake Finfluencer Managed My Account and Wiped Out My Entire Capital…!

Following Youtube channel to learn stock market is never wrong. What’s wrong is following them blindly. Recently, Anukul (name changed) approached our team and shared his experience of how a fake finfluencer by sharing his story of financial struggle gain trust of his audience and later claimed guaranteed return on account handling. Read the conversation […]

registered sebi advisor scam

How Blind Trust on SEBI Registered Analyst Cost a Retail Trader ₹170,000…

Sometimes we get so much attracted towards tips and recommendations that we avoid asking Why? Stock market is subject to market risk and therefore there is a SEBI rule according to which even the registered SEBI Research Analysts has to give reasons for every tip and recommendation they share. However, the lack of awareness, retail

trading app glitch

Trading App Glitch that Cost ₹10,000 to a Retail Trader..

Trading platform glitches and technical issues are increasing day by day, ultimately harming retail traders who are either unable to log in to their apps or exit their positions. Recently, our team encountered a case where Nikhil (name changed), while trading options, was unable to square off his position due to a technical glitch. This

telegram scam

Telegram’s Profit-Sharing Scams Can Cost You Your Hard-Earned Money!

Isn’t it surprising that people join Telegram groups offering profit-sharing schemes without any validation? It is your hard-earned money, so think carefully before entrusting it to others. If they claim to provide profit by using your money, why wouldn’t they use their own money and keep 100% of the profit for themselves? That would be

broker fraud

Stockbroker asked for 100% margin in option selling and…

SEBI has established rules and regulations for trading in Futures and Options (F&O) and other segments to protect the interests and capital of traders and investors. However, sometimes unrealistic demands from brokers lead to losses for retail traders. Recently, a case emerged where Tarun (name changed) tried to modify his options trading position but was

stockbroker fraud

I invested in FnO on my Broker’s Recommendation and…

Even registered entities sometimes engage in activities that can wipe out the capital of retail traders. Following is the case of Mr. Vijaypal (name changed), who invested his money in Futures and Options (F&O) based on his broker’s recommendation and ended up losing his capital. Why do brokers provide such risky recommendations? Ofcours, to earn

whatsapp fraud

He made me invested in Unlisted Companies…

Some of you might have encountered that soon after opening a demat account with a broker, you may start receiving calls offering advisory or recommendation services. These calls can be misleading, as people often mistake them for legitimate broker communications or are enticed by the promises of high returns. It’s crucial to verify the details

brand scam

The Scammer deposited ₹5000 in everyone’s account, but later..

Just as there are Reebok shoes, there are also “Rebook” shoes. It’s not always necessary to wear the shoes to tell the difference; sometimes, a few clues are enough. Similarly, scammers who use brand names to make money unethically leave hints that vigilant individuals can identify. Recently, we came across a case where a victim,

youtube course scam

He said that he would teach technical analysis in his course but…

Stock market courses are meant to provide valuable information and education to potential traders and beginners. However, the influence of some financial influencers has turned these courses into avenues for scams. This has not only led to people distrusting stock market education but has also distanced them from trading in the share market. Recently, we

telegram frauds

Unmasking Telegram Fraud: A Victim’s Journey to Justice

Telegram scams in India are increasing day by day, and most of those are just because of the negligence and over-influence of the person (fraudster) on his or her audience. Recently, we came across one such case of Mr. Namit (name changed), who got scammed by one of the Telegram channels, Commodity trading (name changed).

Gosh! My Friend told he will share profits but..

Profit Sharing is a Big Scam that happens in all kinds of cities and towns across the country. This one happend with someone named Sushil Kumar Saini (name changed) from Rajkot, Gujarat. One of our team mates got in touch with him. Here is a quick conversation. ADB: Mr. Sushil, can you tell us what

His Telegram Channel had 4.5 Lakh Followers, so I Trusted!

Have you come across a Telegram Channel or a Whatsapp Group that regularly shows you Profit Screenshots. Lots of them. And then claims that all these profits are made by their clients. Such channels then share a LINK with you to become a client yourself so that you can also make a lot of money.

loader
Scroll to Top