Safeguarding Your Investments: Beware of Unregistered Investment Advisors!3 min read
In the dynamic world of finance, ensuring the security of your hard-earned money is of paramount importance. At Paytm Money, your safety and well-being hold a special place in our hearts. We are reaching out to you today with an urgent matter that requires your attention and caution – the rise of unregistered investment advisors.
Recent developments have shed light on a concerning issue that demands your vigilance. It has been brought to our attention, by regulatory bodies, that certain individuals are engaging in activities that are not only unlawful but also pose significant risks to unsuspecting investors. These individuals are promising guaranteed returns on stock market investments, luring people into their schemes with the allure of substantial profits, and offering services to manage investors’ trading accounts. We are committed to keeping you informed and protected, and hence, we feel it is our duty to bring this to your attention.
The details of two such persons are stated below:
- Rawat Singh has been engaging in the aforementioned unauthorized activities. He operates under the mobile number “9303723698,” and has been found to be conducting these unlawful activities.
- Similarly, Farz Singh is associated with the entity “Equity Express” and can be reached through the mobile number “7649894214”.
We strongly advise all investors to exercise extreme caution and refrain from engaging with any platform, scheme, or product that offers guaranteed returns or promises unrealistic gains in the stock market. These activities are against the law and are not approved or endorsed by regulatory bodies. The risks associated with these activities are substantial and can lead to financial loss.
Furthermore, we urge you to protect your trading credentials diligently. Never share your user IDs, passwords, or any sensitive information with anyone. By doing so, you safeguard your investments and prevent unauthorized access to your trading accounts.
It’s crucial to note that neither Rawat Singh nor Farz Singh, nor their associated entities, are registered members or authorized individuals regulated by the appropriate agencies. Engaging with them puts your investments entirely at your own risk, and you may be left without the benefits of investor protection that are usually extended under the Exchange’s jurisdiction.
In the unfortunate event of disputes or issues arising from these unauthorized activities, you will not have access to the investor protection benefits, exchange dispute resolution mechanisms, or the investor grievance redressal mechanism administered by the Exchange. These safeguards are only applicable when dealing with legitimate and registered entities.
We implore all investors to take this information to heart and exercise prudence when evaluating investment opportunities. Protecting your financial interests is a collective effort, and by staying informed and cautious, you play a vital role in ensuring your financial well-being.
Should you have any questions or concerns regarding this matter, please do not hesitate to reach out to our dedicated team at Paytm Money. We are here to provide you with the guidance and support you need to make informed investment decisions.
Your financial security is our priority, and together, we can navigate the complex world of finance with confidence and wisdom.
Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purposes only. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, CDSL DPID (12088800), NSE (90165), BSE (6707), BSE STAR MF (53873). Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For complete Terms & Conditions and Disclaimers visit: https://www.paytmmoney.com/stocks/policies/terms.