A representative of a firm registered with SEBI as a Research Analyst approached Manav, offering advisory services for Nifty trades. The terms were stated plainly from the start: a thirty percent cut of any profit made on his trades. His first trade under this arrangement showed a small profit, and he paid ₹2,000 as the […]
Sachin purchased a trading advisory plan for ₹63,900. He used it actively for about ten to twelve days, during which he incurred a loss of close to ₹20,000. Facing a temporary shortage of trading capital, he informed the firm honestly that he would need to pause his participation for a while. Rather than treating this
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,
Yusuf was persistently contacted by a broker’s representative and encouraged to open a trading account, with assurances of guidance and algorithmic trading support built into the pitch. Nowhere in that onboarding conversation was he told about the flat brokerage rate that would apply to every single lot he traded, a fixed charge of fifty rupees
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
This isn’t a case we’re reporting on after the fact. Aseem Juneja appeared as Rahul Bagrecha’s Authorized Representative throughout this arbitration, from the oral hearing on 10 August 2026 through to the final award on 14 August 2026. The dispute moved through SEBI’s SMART ODR framework after conciliation failed, and was registered as Case ID
Gregory was drawn into a paid premium tip group run by a firm registered with SEBI as a Research Analyst. The pitch leaned entirely on screenshots showing past profits earned by other subscribers. Convinced by those numbers, he paid a total of ₹40,500 across his time with the group. What he received in return looked
Waseem had placed a Good Till Triggered sell order on his shares in a mid cap company, setting a trigger price of ninety five rupees, well above where the stock was actually trading. The order carried a validity stretching into early 2026. On one particular day, without the trigger condition ever being met, the platform
Unlike many cases built on fabricated screenshots, Irfan’s adviser actually delivered early wins. A small initial investment returned a genuine profit of ₹2,500, and later trades brought in returns totalling close to ₹95,000, including a single trade worth ₹60,000. Those real numbers did the persuading. Irfan paid a total of ₹55,200 across three separate charges,
Samarth received an unsolicited call from a firm registered with SEBI as a Research Analyst. Representatives showed him profit statements from other clients and ran a live demo before he committed to anything. The service was described to him as a straightforward tips subscription, trade recommendations for a fixed fee. Once he was engaged, the
Have you ever wondered why the number of trading and investment scams is rising sharply? The obvious reason is not the lack of knowledge but the greed to earn quick profits. A look at the victim lists reveals that they include graduates, qualified doctors, retired army officers, and more. Among various trading scams, reports of
Deepak was approached by individuals marketing an automated algo trading tool. They described it in concrete, specific terms: a system that would generate consistent daily profits somewhere between fifty and sixty thousand rupees. He paid ₹1,65,000 for the software. It was linked directly to his trading account and began placing trades automatically, without any further
