Stay Informed: Beware of Unauthorized Investment Advisors4 min read
At Paytm Money, your safety and well-being are always our top priority. As part of our ongoing efforts to keep investors informed and protected, we want to alert you about the increasing presence of unauthorized individuals and entities operating in the market.
What’s Happening?
It has come to the attention of the Exchange that certain individuals are engaging in illegal activities by:
- Promising assured or guaranteed returns on stock market tips
- Offering dabba (illegal) trading services
- Providing services to manage investors’ trading accounts without any regulatory approval
These activities are not just misleading—they are against the law.
Entities Involved
Some specific examples brought to light include:
| Name of Person(s) | Entity | Mobile Number(s) | Link(s) | Details |
| “Albee Low Thakor” & “Kyle” | Investment Alliance | “9635271267” & “9635259733″ | – | They are providing securities market tips and assured/guaranteed returns on investments in stock market claiming to be based on the teachings of one Mr. Jatin Verma. The said persons are also calling investors to download and trade through their application by the name ‘Causeway’. |
| “Siddharth Sharma” & “Yash Rawat” | Blue rock | “9910176468” & “7030452918” | “http://app.bluerock.live”, “https://bluerock.live/BlueRock_1.1.apk”, “http://app.bluerock.live” and “https://bluerock.live | They are providing dabba/illegal trading services. |
| Tanya | Shares Market 18 | 7039694956 | http://www.sharesmarket18.com/ | They are providing dabba/illegal trading services. |
| Option Research Mujeeb Raju Yadav Namira |
– | 8108113260 8108142343 7738340478 |
https://opresearch.in Email IDs info@opresearch compliance@opresearch.in |
Offering Investment/trading recommendations without Research Analyst Registration and soliciting funds from investors while impersonating as SEBI registered Research Analyst: |
| NIFTY ADVISOR | – | 8655662966 | https://niftyadvisor.in Email IDs compliance@niftyadvisor.in |
Offering Investment/trading recommendations without Research Analyst Registration and soliciting funds from investors while impersonating as SEBI registered Research Analyst: |
| Ragini Sharma | – | 6261604360 | – | Providing securities market tips, promising assured/guaranteed returns, and offering to handle investor trading accounts by asking for login credentials |
| Ishwar Singh | – | 9926674556 | – | Same as above |
| – | Instagram Channel | – | Instagram: @yogita_trader_56 | Used as a platform to promote investment tips, guarantee returns, and solicit trading account access |
| Ashutosh Mehta | MEHTA IS BACK | 8368636924 | Website: mehtaisback.in Telegram: MehtaisBackofficial, MIBGOLD2025 Instagram: mehta.is.back YouTube: @mehtaisback Facebook: Link Play Store App: Download | Operating under the name “MEHTA IS BACK”; active across multiple online platforms including website, Telegram, Instagram, YouTube, Facebook, and Play Store app. |
| – | Finoshare & Securities | – | Website: finoshares.com Telegram: finobulls, finostocks_aarush, OpenInApp Link, finoshares | Entity providing securities market tips to investors via website and multiple Telegram channels |
| Aaditiyah | BazaarFX | 8058095880 | Website: bazaarfx.com Telegram: Market Analysis & Calls, bazaarfxofficial YouTube: @bazaarFX Instagram: @bazaarFX Application: BazaarFX | Person/entity claiming to be associated with BazaarFX; providing securities market tips for trading and offering dabba/illegal trading services |
| – | THE APEX STOCKS | 8097882666, 8007700400 | Website: theapexstocks.com Facebook: Link | Allegedly engaged in unauthorised investment/trading recommendations without SEBI Research Analyst registration and soliciting funds from investors while impersonating as a SEBI-registered Research Analyst. |
| Manisha | 7 Trees Investment | 9425424820 | Website: 7treesinvestment.in Social Media: WhatsApp | Allegedly engaged in unauthorised investment/trading recommendations without SEBI Research Analyst registration and soliciting funds from investors while impersonating as a SEBI-registered Research Analyst. |
| Kirtikumar Patel | The Knowledge Academy of Gujarat | 8780868298, 7802834172 | – | Providing securities market tips, promising assured/guaranteed returns on stock market investments, and offering account handling services to investors. |
Please note: These individuals and entities are not registered with any SEBI-recognized stock exchange or authorized trading member.
What Should You Do?
We urge all our users to:
- Avoid subscribing to any platform or scheme that offers assured or guaranteed returns on stock market investments
- Refrain from engaging with any dabba trading services
- Never share your trading credentials (such as user IDs or passwords) with anyone
Why This Matters?
Engaging with unregistered entities is a risk you take entirely on your own. If things go wrong, you won’t be eligible for the following protections:
- Investor protection benefits under the Exchange’s jurisdiction
- The Exchange’s dispute resolution process
- Grievance redressal mechanisms managed by the Exchange
Our Advice
Always stay alert and verify the credentials of anyone offering investment advice or trading services. If it sounds too good to be true, it probably is.
If you ever feel unsure or spot any suspicious activity, don’t hesitate to contact us. We’re here to help.
Stay smart. Stay safe.
Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for investor awareness, entertainment and information purpose only and in no way to be considered as an advice or recommendation. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707), Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details, please visit https://www.paytmmoney.com
