Sudhir Garg opened his trading account with SMIFS Limited the way most investors do, with paperwork, trust, and quiet optimism. The broker was SEBI-registered. Established. Full-service. He had no reason to doubt any of it. But then contract notes started arriving for trades he had never placed. Losses kept growing from positions he had never […]
Unauthorised trades in your IIFL Securities account? You’re not alone, and you don’t have to accept the loss. We’ve helped investors recover lakhs through NSE arbitration against IIFL Securities. Here’s what happened in three real cases. IIFL Securities Arbitrations & Violations Before we get into the cases, here’s something important to understand. NSE arbitration is
A first-time investor deposited ₹90,000 after being promised low brokerage and steady monthly returns. He followed every instruction. He watched the losses grow. And when everything was gone, his broker handed him a brokerage bill of ₹95,879, bigger than his entire investment and asked for ₹30,000 more. They thought they would get away with it.
A trader deposited ₹15.20 lakh with IIFL Securities. He never placed a single trade himself. Within one afternoon, 795 transactions swept through his account. His ₹9.50 lakh credit balance nearly disappeared. Brokerage charges crossed ₹9.13 lakh. He recovered every single rupee. ₹14,37,200. In full. Below is the screenshot of the final arbitral award of full
One of the traders, Arjun (name changed), who trusted an SEBI-registered entity, lost ₹64,500 to 3i Research. Why? Because of the wrong hope given to him: guaranteed returns. Not limited to this, the firm gave him personalised trade calls and built pressure to keep adding money. However, we helped him recover ₹50,000. Below is the
Rahul (name changed) had never traded before. Not once. A confident stock broker called him, promised guided profits, and pushed him to deposit ₹50,000. By the time the calls stopped, his balance was zero. His brokerage bill alone had crossed ₹37,000. We helped him recover ₹28,320. Below is the screenshot of the recovery amount received
A retired Hindustan Zinc employee lost ₹28 lakh to someone he trusted completely. He shared OTPs thinking they were routine. He watched profits grow on his screen. And then he discovered none of it was real. This is the full story of how he got every rupee back. Motilal Oswal Unauthorised Trading This was not
Unauthorised trades, forced share liquidation, guaranteed return promises, and Motilal Oswal arbitration cases have exposed serious broker violations. We’ve helped investors fight back. Here’s what happened in three real cases, and how you can take action too. Motilal Oswal Arbitrations Overview Arbitration in the stock market is a formal dispute resolution process. When a complaint
₹3.12 lakh recovery from Mir Uniserv shows that investors can challenge misleading advisory practices through legal and regulatory channels. In this case, a retail investor pursued arbitration through the CORD ODR mechanism, and the Arbitral Tribunal issued a binding compensation award on August 6, 2025. For investors facing similar losses from Research Analysts or advisory
Have you ever trusted a financial service so much that you stopped questioning it completely? That moment feels safe at first, but it often becomes the turning point where things start going wrong. Many investors enter the market with hope, but they stay because of a belief built through early wins or convincing communication. What
Ever stumbled across a financial advisory service boldly promising “guaranteed returns” and felt that tug of temptation? You’re not alone. In India’s fast-moving and opportunity-rich securities market, such claims often sound too good to ignore. But what happens when those shiny promises fade, and investors are left staring at unexpected losses? That’s exactly where this
Imagine you sent Rs 50,000 to invest in what you thought was a real trading app. The man promised you quick returns. Days later, you realise it was all a lie. You lost your money. Then you file your complaint and later get a message, “amount hold by cyber crime.” Your money is sitting right
