“10X Returns In 100 Days”: BSE Warns About This Fraud - Beware!

In a recent announcement, BSE issued a cautionary notice to investors alerting them regarding a misleading WhatsApp group named,"India Stock market trading group." The group has been falsely claiming to provide stocks at discounted rates compared to the standard market prices on the BSE platform. Additionally, it is promising a 'Block Trading 10X return investment plan in 100 days', which has been deemed as false and misleading by the BSE.

The group is operating through several mobile numbers, "9639493180, 9093667060, 8870567995, 9110748966, 7544998799, 7595810122, 7644037948, 6301386770 & 9918312246.

Investors are strongly advised to not be part of any such groups or participate in any such schemes/products offered by any person/entity offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law. Investors are also advised to refrain from sharing personal credentials like identity information, addresses, bank account details, or demat account details.

BSE has emphasized that it does not initiate or endorse any such groups, schemes, or social media platforms. Any engagement of the investor with such WhatsApp groups or prohibited schemes is solely at the investors' own risk and BSE will not deal with any complaints pertaining to the same.

It is reiterated that all official communications from BSE are conducted through www.bseindia.com and BSE's social media handles @bseIndia - Instagram, @bseIndia - Facebook, @BSEIndia - LinkedIn, @BSEIndia - X (Twitter), @BSEworldBSEIndia - YouTube.