It has been brought to the notice of the Exchange that it has received reports of unauthorized individuals and entities falsely claiming to provide securities market tips and assured/guaranteed returns on investments in the stock market. The following names have been brought to the Exchange’s attention:
- Nita” claiming to be associated with an entity named “JP Morgan” operating through mobile number “7416082059” (Investors are requested to take note that “J.P. MORGAN INDIA PRIVATE LIMITED”, a registered trading member of Exchange, has informed NSE that the above-mentioned person and the entity are not associated with them in any manner.)
- “Abhishek” is associated with an entity named “Growvalue” operating through mobile number “9522401501”
- “Virendra Katariya” and “Surendra” operating through mobile numbers “9887169150” and “8005877314”
- “Riyansh Patel” and “Virat Mewad” associated with an entity named “Fairtrades24”, are providing Dabba/illegal trading platform/service and operating through mobile numbers “8971708932”, “8019570325”, application, website, and social media links as below:
Application Links:
- https://www.arktrader.io/setup/fairtrades24.exe
- https://play.google.com/store/apps/details?id=com.arktechltd.arktrader
- https://apps.apple.com/gb/app/ark-itrader/id1511800019?ign-mpt=uo%3D2
- https://fairtrades24.arktrader.io/
- https://fairtrades24.theplatformapi.com/
Website Links:
Social Media Links:
- https://www.facebook.com/groups/1006559997226163/?ref=share&mibextid=KtfwRi
- https://www.facebook.com/profile.php?id=61557589201762&mibextid=ZbWKwL
- https://x.com/FAIRTRADES_24?t=1mZhvowWOOxBMgFpK_-gFA&s=09
The investors are cautioned and advised not to subscribe to any scheme/product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law. Further, investors are advised not to share their trading credentials such as user ID/Password with anyone. It may also be noted that the said person/entity is not registered either as a member or Authorised Person of any registered member of the National Stock Exchange of India Limited. Exchange has provided a facility of “Know/Locate your Stock Broker” under the link https://www.nseindia.com/invest/find-a-stock-broker on its website, to check the details of the registered member and its Authorised Persons. Further, the designated bank accounts named client bank accounts to receive/pay money from/to investors as disclosed by the trading members to Exchange are also displayed under the said link. Investors are advised to check the details while dealing with any person/entity.
The consolidated list of Press Releases issued by Exchange is available on the NSE website under the link https://www.nseindia.com/invest/advisory-for-investors .
Participation in such prohibited schemes is at investors’ own risk, cost, and consequences as such schemes are neither approved nor endorsed by the Exchange.
The investors may note that for any kind of disputes relating to such prohibited schemes none of the following recourses will be available to investors:
- Benefits of Investor Protection under Exchange’s Jurisdiction
- Exchange Dispute Resolution Mechanism
- Investor Grievance Redressal Mechanism administered by Exchange
Investors are advised to take note of the above.
