Wondering how to report Badshah Broking after blocked withdrawals or suspicious trading activity?
You’re not the only one.
What looks like a legitimate investment platform often turns out to be a trap, designed to lure people with screenshots of profits and active social channels.
Here’s a simple, step-by-step guide to reporting Badshah Broking scam to SEBI, NSE, cybercrime units, and your bank.
How to Report Badshah Broking Online?
Here’s a step-by-step guide to make sure your complaint reaches the right authorities and has the best chance of being acted upon.
File a Complaint in SEBI
SEBI is the main regulator for investment advisory and brokerage in India. Since Badshah Broking is not SEBI registered, you can still report illegal activities by sending an email. Here’s how to report:
- Draft an email
- Attach evidence, including screenshots of the website, dashboard, Telegram/WhatsApp chats, transaction receipts, and any correspondence.
Tips for faster processing:
- Provide as much detail as possible about the scam.
- Include the names, phone numbers, and URLs used by the operators.
- Clearly mention the amount lost and the dates of transactions.
File a Complaint in NSE
The NSE has already issued a fraud alert against Badshah Broking, but submitting your complaint can help regulators track ongoing activity.
- Send an Email to NSE
- Details to Provide: Include your full name, contact details, amount invested, screenshots, and chat logs.
By reporting to NSE, you add to the body of evidence that regulators use to track fraudulent brokers and warn other investors.
File a Cyber Crime Complaint
Since Badshah Broking primarily operates online through Telegram, WhatsApp, and fake websites, it falls under cybercrime. You can report it here:
- Visit the cyber crime portal.
- Select the category “Financial Fraud / Online Scams”.
- Fill in all relevant details, attach evidence, and submit.
- Local Cyber Crime Police Station: Visit in person to file an FIR if necessary.
Evidence to attach:
- Screenshots of chats, dashboards, and website offers.
- Payment receipts, UPI transaction history, or bank transfer slips.
- Emails, messages, or call recordings.
Report to Your Bank or Payment App
If you transferred money to Badshah Broking, act fast to dispute the payment:
- Bank Transfers / NEFT / IMPS: Contact your bank’s fraud or grievance department immediately. Provide transaction ID, date, and scam details.
- UPI Apps (Paytm, PhonePe, Google Pay, etc.): Raise a dispute in the app and provide supporting documents.
- Credit / Debit Card Payments: Contact your card provider to report a fraudulent transaction.
Quick action increases the chance of freezing or reversing funds before they are withdrawn by scammers.
Need Help?
Register with us to get assistance in filing the report and further escalation to other platforms, if required.
To date, we have helped thousands of victims in reporting the complaint and in recovering almost ₹4 crores.
Tips While Reporting
While reporting, keep these points in mind to make the process smoother:
- Keep All Screenshots and Evidence: Never delete messages, emails, or chat records. They are crucial for verification.
- Save Complaint Numbers: Every complaint to SEBI, NSE, cybercrime, or bank will provide an acknowledgment. Keep it for follow-up.
- Be Honest and Precise: Provide exact dates, amounts, and interactions without exaggeration.
- Follow Up Regularly: Authorities may take time to respond. Don’t hesitate to follow up using acknowledgment numbers.
Why You Should Report the Badshah Broking Scam?
Many investors wonder if reporting will actually make a difference. The truth is, reporting scams is the first and most effective step in stopping them. Here’s why it matters:
- Action Against Scammers: Filing complaints with SEBI, NSE, and cybercrime authorities ensures the scam is officially logged. The more complaints authorities receive, the higher the chance of legal action.
- Prevent Future Victims: Every report helps regulators identify patterns, block fraudulent accounts, and warn others. By reporting, you’re protecting thousands of other investors from losing money.
- Legal Obligation: In India, financial fraud is a punishable offense. Citizens are encouraged to report illegal activity so regulators can enforce laws.
- Documented Evidence: Reporting ensures your case is officially documented, which can be useful if you later pursue fund recovery through banks, consumer courts, or cybercrime cells.
In short, reporting is not just your right, it’s your responsibility to stop the fraud from spreading.
Conclusion
Badshah Broking is an unregistered and fraudulent platform, and reporting it is crucial to protect your money and others from similar scams. File complaints with SEBI, NSE, cybercrime authorities, and your bank if you transferred funds.
Act quickly, keep all evidence safe, and follow up regularly—your report can help stop the fraud and prevent more victims. Don’t stay silent; taking action is your best defense.
