Ever come across a financial advisory service confidently promising “guaranteed returns” and felt that pull of temptation? You’re not alone. In India’s fast-moving securities market, such claims often sound too good to ignore. But what happens once those promises fade and the losses start? What Happened Between Yogesh Gupta and Insight Research In early 2024, […]
Most complaints against an adviser turn on what someone said on a phone call, whether recovery was assured, whether a stop loss was refused, whether the advice was useful. Those are winnable arguments, and they are also arguments. A fee is different. A fee is a number, on a date, in a bank record, against
A small demo trade worked. Then another. By the time the losses started, quitting felt harder than continuing. That is how almost every trading-tips story on this page began, and it is exactly how this one did too. Dinesh (name changed) was not reckless. He was not greedy. He was a regular investor who received
A housewife who had never bought a share. A first-timer promised ₹4,000 a day. A fifteen-year client whose portfolio was sold off in an afternoon. All three took Motilal Oswal to arbitration. All three won. They are part of a bigger count, because we reviewed 32 published awards against this broker, and in 18 of
Most people who lose money to a stock market scam are told the same thing. The money is gone. You signed the forms. You clicked the buttons. Nothing can be done. We have spent the last two years proving that wrong by helping victims in stock market fraud recovery. The number sits at nearly ₹4
There is a fear that keeps a lot of people from ever filing. They think: “I kept trading after I started losing, so this is partly my fault, so I have no case.” That belief costs people real money, because it is wrong. This case is the proof. Patel Nasirhusen Aaiyubahamad, an investor from Surat,
Some trading losses come from a bad call. This one came from a button that would not work. Bharat Bhaychandbhai Vaghari, a trader from Gujarat, was sitting on a large unrealised profit. His Bank Nifty call option had run in his favour. All he had to do was sell. He could not. And the record
You think you are dealing with a firm. A junior first, then a manager, then a senior expert who makes the real calls. Often there is no firm but a small group running roles. The junior, the manager, and the senior advisor may be the same few people. Sometimes one person works several numbers. In
An advisory took fees and disappeared. That is a different complaint from losing money on bad trades. Most recovery cases argue about the quality of advice, asking: Was the tip unsuitable? Was the risk disclosed? A non-delivery case skips all of that because you paid for a service that never came. In one settled file,
You paid a firm for trading advice. Then you checked, and they are not registered with SEBI at all. Not as a research analyst, not as an investment adviser, nothing. The fear that follows is understandable. If they were never regulated, who do you even complain to? Three settled files answer that. In one, a
A small refund from an advisory is the claim most people never file. You lost 50,000, maybe 65,000, and you have talked yourself out of chasing it three times. The reasoning goes like this. The amount is too small. The process sounds long. A firm with lawyers will not bother with you, and even if
The advisory asked me to add more funds. That sentence appears in nine of the ten case files we hold, in almost the same words, from clients who never met each other. Some paid 2,500 to start. One paid 5,00,000 in total. They were all sold the same way, in the same order, using the
