Why retail investors fall prey to fake advisers

While SEBI is increasingly cracking down on unregistered investment advisers, it has done little to break the ecosystem that nurtures them.

06 September, 202211 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

Mumbai's worsening garbage crisis, and the company in the thick of it

The Kanjurmarg landfill, operated by Antony Waste Handling Cell Ltd., is safe from the axe for now. But its fate remains a major source of worry for the company's shareholders and the city's residents alike.

Business
Story image

India’s listed SME space is a ticking time bomb

If recent investigations by SEBI into cases of fraud by listed SMEs are any indication, a scam running into lakhs of crores is in the making, putting the entire financial system at risk.

Internet
Story image

Lured by a get rich(er) quick scheme, HNIs allege TradeCred bluffed them

A row has broken out between invoice discounting platform TradeCred and a few investors over a default involving the popular startup Bizongo. This is the latest blow-up in a space that is driven by the allure of high returns and is a regulatory grey area.