The National Stock Exchange (NSE) on March 11, 2024, issued a notification regarding Joint Press Release on Caution to Investors.
It has been brought to the notice of the Exchanges 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.
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.
The investors are also cautioned and advised not to subscribe to any such scheme/ product offered by any person offering indicative/ assured/ guaranteed returns in the stock market as the same is prohibited by law. Further, investors are advised not to share their trading credentials such as user id/password or any other sensitive information with anyone. It is imperative for investors to understand that investments offering high returns usually involve high risk including fraud risk and there can be no guarantees of assured returns in the securities market.
