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
₹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
In the Indian stock market, grand promises are often more common than genuine profits. “Guaranteed returns,” “sure-shot tips,” and self-proclaimed “SEBI-registered experts” flood your screen daily, all claiming they can double your money with ease. If you’ve ever paused, felt tempted, or even taken the bait, this story is meant for you. Today, we’re pulling
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
When investors fall prey to misleading advisory practices, most of them assume nothing can be done. But that’s not true. Recently, our team took up the case of Mr. Naman Sharma, who had lost money while availing services from Falconphase Investment Advisory. What followed was a long but rewarding journey through SEBI’s conciliation and arbitration
When it comes to trading, every rupee counts. But sometimes, retail traders face situations beyond their control—technical glitches, unfair brokerage practices, or lack of transparency. Recently, we worked with a client, Roop Singh Meena (name changed), who faced exactly this issue with Angel One. Here’s how we helped him recover 60% of his amount and
Many retail investors believe that if an advisory is SEBI-registered, it must be safe and trustworthy. Unfortunately, some advisories misuse this registration to trap innocent traders with false promises of guaranteed profits. One such case recently came to us, where Suresh (name changed) was deceived by an advisor and suffered heavy losses. Fortunately, in this
Scammed by a Trading Platform? You’re Not Alone — But You’re Not Powerless. Falling victim to a crypto or forex scam can feel like the end of the road, but it doesn’t have to be. While fake platforms vanish with your money, the real challenge lies in how to find a legitimate crypto recovery. The
डिजिटल पेमेंट और ऑनलाइन इन्वेस्टमेंट के इस दौर में ऑनलाइन फ्रॉड के मामले तेजी से बढ़ रहे हैं। कई लोग एक क्लिक में लाखों रुपये गंवा बैठते हैं और फिर सोचते हैं कि क्या उनके पैसे कभी वापस आ सकते हैं। अच्छी खबर यह है कि सही समय पर और सही तरीके से कदम उठाने
