SEBI observes rising trend of unscrupulous entities and online platforms

The Securities and Exchange Board of India (SEBI) has observed a rising trend of unscrupulous entities and online platforms that falsely claim to be registered with SEBI as intermediaries. In the Press release. SEBI said that these entities often entice the general public by showcasing fake certificates purportedly issued by SEBI and promising or implying assured, high returns on investments. SEBI has cautioned investors against placing their money with any entity based on such claims. 

Investors are urged to conduct due



diligence and verify the registration status of any entity claiming to be a SEBI-registered intermediary. SEBI said, it is imperative for investors to understand that investments offering high returns usually involve high risk including fraud risk and there can be no guarantees of assured returns in the securities market.

While investing in securities market, SEBI further advised investors to verify the entity's registration status on the SEBI website 

www.sebi.gov.in