This is a case where the victim watched a Facebook Ad about Algo Trading Subscriptions. The Advertisement said how their Algo Software can bring profit in Trading. The Victim, Ravi (name changed), fell for this and got scammed of around ₹23,000 in fee and then ₹12,000 in trading capital. This is what he said in […]
When it comes to scams, there are more than 40% financial scams that are recorded per year and most of those happen due to our own negligence. Often, we blindly share OTPs with others or download apps from unverified links, which makes us vulnerable to fraud. Isn’t it our mistake? These scammers are well aware
I hate the word “Premium” in the context of Stock Market Paid Services. There are “Premium” telegram channels and then there are “Premium” Plans by Stockbrokers and even SEBI Registered advisories and research Analysts. Let me tell you something. If you hear someone offering you some “Premium” service, all you must do is RUN. Here
The most unfortunate part of Stock Market Fraud is the most of the scams happen without any involvement of any registered Stock Market entity. Most of these frauds are done by a mix of greedy people who just use the name of Stock Market to lure people. Below is a case of Mr. Vijay Bharate
This is one of those frauds that a lot of educated and financially “aware” people are getting stuck into in the recent past. Hear from one such victims on how we led into it and end up losing a huge capital. Here he goes: I was added to a WhatsApp group by a lady named
Here is a narration by one of the victims who lost his hard earned capital in greed. Greed to become rich in a month or even 15 days. Read what he had to say: “I am Sanjeev Khair and I was a normal trader with a demat account, invested and at times, traded in Equity
An excerpt from my discussion with a trader who had a lesson learnt early on in his trading career. A lesson about not listening to anyone’s trade call. This is what he had to say. One day I received a phone call, and I was told that he was calling me from a company named
This is a real story of a stockbroker’s greed and the atrocities the victim goes through. In the interest of confidentiality, let’s call our victim Anant. This is what Anant narrated: “I opened an account with SMC Global just a few days ago in July and my client Id is SFXXX51 , and I was
A few weeks back, Rashi wrote to us. She felt a bit dejected with the sequence of events that had happened with her. A few days back, she had received a call from someone claiming to be a SEBI-registered advisor from a company offering trading calls. She informed them that she won’t be able to
