YOUR MONIES AND INVESTMENT CLAIMS MIGHT JUST GET SWOOPED AWAY. BEWARE OF SHARE FRAUDS
From Harshad Mehta to Ketan Parekh and so many more in between, there have been a number of well-documented stock and share market scams over the years. Such frauds could utilize any or a combination of methods from below: Shell companies : Such entities use the names of established brands such as Apple or Reliance. They lure investors with the intention of defrauding them. Boiler rooms: This is a high-pressure selling technique used to peddle speculative shares. Brokers often use this technique to push penny stocks which results in losses higher than the client can bear. Pump and dump: In a world rife with fake news, misleading information helps pump up the price of certain stocks. When the stock hits a target price, they are then dumped for huge profits. Those who are left holding the stock suffer untold losses. Insider trading: This is the criminal practice of using secret information to trade on the stock exchange for one’s personal profit. Even t...