When the frauds are happening online, the scammers are also getting tech-savvy to approach people. In one of the recent cases we came across, one person created a fake website and impersonated himself as a part of a renowned stockbroker He created a fake website and introduced himself as Raj Oberoi (name changed) and looted […]
One more Cyber Crime and this time it is not straightforward, as the victim name Abhilash (name changed), got scammed by a so-called fake analyst who somehow accessed his trading account and blew off ₹7 lakh capital. This case left us with so many doubts, as the scammer didn’t charge any fees or profit sharing.
Scams in the name of investment are not taking any pause affecting people both financially & mentally. Sometimes the scammer succeeds in gaining so much trust, that even after getting hints & red-flag, the victim believes his word and follows him blindly. Something similar happened with Yuvraj (name changed). Yuvraj joined stock market classes to
It was 6th August, the day of Mid Cap Expiry. The market opened Gap Down and index opened at ₹80. There was only ₹17,000 in my account but what I saw next shook me completely. I saw 3-opened short positions of Mid-Cap Nifty in my account which was equal to around ₹50,000 How did that
While opening a demat account, what does one look for, brand name, reliability and authenticity. And to get that they generally open an account with the broker that has an identity in the market. Ritesh also did the same and opened an account with one of the top-notch stock brokers. After a few days of
SEBI, the regulator of the market, comes up with rules, plans and services to provide better services to retail traders & investors and at the same time safeguarding their interest. To make it easier for beginner traders, it provides certification & license of Research Analyst & Investment Advisors who can provide trading tips & investment
Learning stock market trade is always a better choice but from where to learn is still a question of concern. Many beginners often lose their capital not only in trading but by buying wrong courses. To understand this, just imagine going to a school where teachers are not themselves trained enough. Instead of teaching they
“Are you looking for a way to grow your wealth without taking on the usual risks? Give me your account to handle. All the losses in trade would be mine, and profit sharing would be 50-50.” Amazing offer, isn’t it? You don’t have to worry about anything and can earn a high profit. If you
Ek din me paisa double, just think is it actually possible. If making money were that easy, no one would bother with jobs or work tirelessly to make ends meet. This claim alone is a red flag, and if you’re tempted by it, you’re not just falling for a scam—you’re setting yourself up to harm
“Congratulations, your profile is shortlisted, and now you can work remotely to earn ₹10,000 every day. Interested to know more, then click here!“ Have you received a similar message on your WhatsApp or Telegram? If yes, then get Alert, the scammer has found your number, and you might be his next target for any kind
SEBI allows you to trade across different segments that include equity, commodity & currency. All the trades in these segments are done on the registered stock broking platform. So, in case of any fraud or scam, one can reach out to the exchange or SEBI portal. Here currency trading is also known by the name
Beginner traders are not aware of the market rules & regulations and often fall victim to one or the other frauds. Among those frauds, one of the most common ones is brokerage charges. Now, as per the rule, for every trade you make using a broker’s platform, you have to pay a commission called brokerage
