Unregistered stock advisory promises 500x intraday returns in full-page ad in Delhi
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.