A full-page newspaper ad by an unregistered Delhi-based stock advisory sparked concerns about trading malpractices as it promised 500x intraday returns with 60x carry-forward margin and claimed it'll offer instant deposit and withdrawal. A representative, operating from a UAE-based number, said the firm has been operating for 16 years. It also allowed traders to register without regulatory checks.
short by
Ashley Paul /
02:32 pm on
15 Jul