Ananya Deshpande (name changed) is from Kolhapur, Maharashtra. She had never traded before this firm contacted her, and she asked, more than once, for a stop-loss to be placed on her positions. She was told plainly not to place one. Within days, that single refusal cost her ₹3,16,000 in a single day. Here’s exactly how […]
This is not an anonymized story. Every name in it, the applicant, the broker, the employee, and the arbitrator, comes directly from a signed, publicly available arbitration award. We are telling it in full because Ramesh’s case is now a matter of public record, and because the reasoning behind this award is genuinely useful for
Sanjeev’s relationship with a firm registered as a SEBI Investment Adviser began with a straightforward pitch, subscribe to their advisory service and earn substantial profits. He paid ₹6,000 for a basic package, trusting the firm’s registration. That first package produced a loss of ₹10,000. Rather than pausing, Sanjeev was persuaded to upgrade to a second
Sunil was approached by a firm registered with SEBI as a Research Analyst, whose team promised high returns and what was described to him directly as sure shot recommendations. A promise framed this confidently leaves little room for the ordinary uncertainty that comes with any genuine market advice. Over the course of the engagement, Sunil
Rahul had already disclosed two things to the representative who contacted him, that his trading capital was borrowed money, and that he had already lost over five lakh rupees in options trading over the previous few years. The response was not caution. It was an assurance that everything would be recovered within one to two
Nafeesa was contacted by a representative claiming to be a SEBI-registered research analyst, offering advisory services with an assurance of guaranteed high returns. Her very first trade under his guidance produced a profit of ₹6,000. That early, genuine result did more work than any sales pitch could have. It converted a stranger’s promise of guaranteed
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
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.
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
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
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 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
