Beware of Fraudulent Activities Posing as Paytm Money2 min read
Dear Investor,
At Paytm Money, your safety and well-being are our top priorities. We are committed to keeping you informed and protecting you from any fraudulent activities that may put your investments at risk.
Alert: Unauthorized Entity Posing as Paytm Money
It has come to our attention that one entity named, Lmopge Finance Investment Limited, has been falsely advising people to open an “advanced trading account” with Paytm Money, to participate in so-called “collective trading,” similar to institutional trading.
Please note that Lmopge Finance Investment Limited Services and similar named entities are not affiliated with Paytm Money.
Important Reminders for Your Safety:
- Do Not Engage: Avoid subscribing to any illegal trading platform or scheme that offers assured or guaranteed returns. These activities are prohibited by law and can result in significant financial loss.
- Protect Your Credentials: Never share your trading credentials, such as user IDs or passwords, with anyone. We will never ask for this information.
- Stay Informed: Be aware that if you choose to participate in such schemes, you will not be covered by the investor protection mechanisms provided by the NSE, including dispute resolution and grievance redressal.
Exercise Caution:
Participation in unauthorized schemes is at your own risk and can lead to severe consequences, including financial loss and legal implications. Paytm Money and Stock Exchanges do not endorse or approve such activities. We strongly advise all investors to exercise caution and thoroughly verify any investment opportunity before proceeding.
If you have any questions or concerns, please do not hesitate to contact us directly through our official channels.
Thank you for your attention to this important matter. Stay safe and informed.
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing. Paytm Money Ltd. SEBI Reg No. Broking – INZ000240532, Depository Participant – IN-DP-416-2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707) Reg Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details, visit Paytm Money.
