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Guaranteed Return Fraud: The stock market is considered to be the main medium of earning to beat inflation. Share market has made many billionaires. However, the stock market does not prove to be so beneficial for everyone. Most of the people lose their money here. Especially the hard earned money of those people gets drowned in the name of earning in the stock market, who get tempted to make more and more money as soon as possible.
NSE gave information about 2 thugs
The country’s leading stock exchange NSE has again warned investors about such matters. National Stock Exchange keeps alerting capital market traders about such frauds from time to time. NSE has several times asked traders and investors not to fall prey to promises of guaranteed returns or other attractive offers by unknown persons or entities, as it is quite possible that the concerned persons or entities may not be registered brokers at all. NSE shares story of two swindlers in latest case.
Ankit duped many
NSE mentions a swindler Ankit who duped investors by guaranteeing returns Is. Ankit is duping innocent investors by guaranteeing returns. Ankit is doing this work with the help of a company named Algoitec and is operating using the mobile number 7909469707. NSE said that a person named Ankit has taken money from many people on the pretext of guaranteeing returns. Later, the investors lost their deposits as well.
Priya is stealing people’s deposits
In a separate statement, NSE has warned investors about another fraudster Priya. NSE has said, it has come to the notice of the exchange that Priya, belonging to a body named Infinity Stock, is operating with the help of mobile number 9925312354, and is collecting money from people promising guaranteed returns on investment in the stock market. It is also offering to operate the account of investors by taking user ID and password from them. Guaranteeing returns in the stock market by any person or entity is prohibited by law. NSE has asked traders and investors not to share their trading account password or user ID with anyone. NSE has also clarified that Pankaj Sonu and his company Trading Master are not registered.
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