A news of stock market scam is surfaced all over the internet, where Assam Police has uncovered Rs. 2, 200 crore from a 22-years-old boy hailing from Dibrugarh, Assam.
In concern of the stock market investors, Assam Chief Minister Himanta Biswa Sarma has asked people to be aware from such fraudulent.
He said, “The promise of doubling your money with additional interest is a way of fraudsters. According to the law, no one is authorised to conduct stock broking in such a deceptive manner. They (certain apps) are completely unlawful. Today, the police have acted, and in the future, they will intensify it. There is a proper procedure for engaging in stock broking—such as opening a Demat account. These apps should be ignored. They lure people with attractive returns initially and then scam them. So, please stay away from these.”
However, the accused is arrested by the police. And some more scammer’s name have come into light, police are investigating into the matter.
