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 […]

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

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,

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 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).

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

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.

Is NISM Certification equal to a SEBI license of an IA (Investment Advisor) or an RA (Research Analyst). Of Course NOT. Still, people fall prey to these techniques employed by Educated Scammers of Stock Market out there. An NISM Certification, by not means, is anything close to what an IA or an RA does. And

These days, more and more people are becoming aware of the importance of learning about the stock market, so they join courses to understand trading before investing their capital. Unfortunately, scammers are everywhere, and they’ve found a new way to profit by looting people’s hard-earned money. What they generally do, they first invite people to

Scams on Telegram Channels are very common these days. And its not that just people with less education fall for such scams. We have seen people from different strata of the society end up falling for such frauds and the major reason is – their own greed. Here is one such story of a victim

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