Gouranga was contacted by a representative of a firm registered with SEBI as an Investment Adviser, who described the company as an established, SEBI-approved player in financial advisory. A demo trade showing a small profit followed shortly after. He paid ₹3,000 as an initial registration fee. No disclosure document, no signed agreement, no risk profiling […]
Bhaskar was introduced to a broker through a friend and opened a demat account with an initial deposit of ₹3,00,000. At the time of opening, he was assured a fixed monthly return of three percent, an annualised figure well beyond anything a genuine market-linked return could reliably promise. He paid ₹5,000 in account management fees,
Pranav’s advisory relationship with a firm registered as a Research Analyst rested on a basic misrepresentation early on. He was told the markets operated twenty-four hours a day, a claim used to justify constant engagement and near-continuous trading pressure. This was not a minor exaggeration. Markets operate within defined hours, and a claim suggesting otherwise
Karan had no trading experience and had been persuaded, after repeated calls, to open a demat account with a large brokerage. He was assured the firm’s own team would handle his trading, and he was connected with a relationship manager entrusted to operate his account directly. That relationship manager began using margin facilities to take
Deepesh received a call from a representative of a firm registered with SEBI as a Research Analyst, who shared the firm’s registration number early in the conversation specifically to establish credibility. The pitch came with a precise figure attached: fifteen thousand rupees in daily profit if he subscribed to the premium plan. He declined initially.
Naveen was contacted repeatedly by representatives of a firm registered with SEBI as a Research Analyst, who eventually pressured him into attending a demo session. There, he was shown screenshots of other clients’ alleged profits and promised a specific daily profit figure of ten thousand rupees. Convinced by the demo, he paid a registration fee
Yogesh was contacted over WhatsApp by an individual promising profitable stock market advice, who pushed him toward opening a demat account with a major broker. Despite his initial hesitation and refusal, the individual and an associate went ahead and opened the account in his name regardless. An account opened over the objection of the person
Rohit received an unsolicited call from someone offering guaranteed profits through stock market trading. He had no trading experience of his own, and the caller’s confidence, combined with a promise of one hundred percent profit with no risk, was enough to convince him to act. On the caller’s instruction, Rohit opened a demat account with
Prathamesh began exploring futures and options trading in mid 2025. A representative of a firm registered with SEBI as a Research Analyst reached out to him over WhatsApp, offering trade signals on index options. The arrangement was framed simply. He would pay forty percent of profits on regular trades, and fifty percent on trades closed
Rohit (name changed) opened a trading account with a small deposit in early 2025. A research analyst reached out through a paid social media campaign and offered a starter package for ₹8,000. Within three months, Rohit’s account balance crossed ₹2 lakh on paper gains from a few winning trades. The analyst then asked him to
One of the traders, Arjun (name changed), who trusted an SEBI-registered entity, lost ₹64,500 to a research analyst firm. 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
Vidya’s demat account held positions across eight separate companies, spanning sectors from logistics to entertainment to specialty metals. On the morning in question, all eight positions were sold within eight minutes, between 10:32 and 10:40. She placed no sell order that morning. No instruction was given, written or verbal, to liquidate any of these holdings.
