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
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
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
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.
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
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
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,
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
Supriya was approached by individuals presenting themselves as investment experts, who directed her to a platform they described as secure and capable of exceptionally high, guaranteed returns. Small profits appeared early on her account dashboard, exactly the kind of result that made increasing her investment feel like a reasonable next step. Trusting these early figures,
