NSE and other stock has noticed that some unscrupulous persons/ entities operating through Indian and International mobile numbers, through social media platforms like WhatsApp Groups, Telegram Channels, Facebook, Instagram Channels, etc. are falsely claiming to be associated with reputed financial institutions, showcasing fake certificates purportedly issued by SEBI/ Exchanges.
The activities of such persons/ entities may include:
- Claims of being associated with organisations/individuals of repute,
- Providing unregulated trading platforms and unauthorized trading applications which
resembles or impersonate Applications/Websites of registered trading members, - Luring to join/create “Institutional account” to get guaranteed/high returns,
- Offering assured/guaranteed returns on Investment in Capital/Forex/Commodities
market, - Offering to handle trading account of investors by asking investors to share their login
credentials (including passwords), - Claiming to facilitate pre-IPO subscriptions with false promises of assured profits,
- Offering dabba/ illegal trading services.
Investors are cautioned and advised NOT to deal with such persons/ entities in any manner
including participation on their illegal platforms. Such participation is at investor’s own risk,
cost and consequences as such illegal trading platforms are neither approved nor endorsed by
the SEBI/Exchanges.
