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63-year-old Hyderabad man loses ₹50 lakh after joining WhatsApp group for stock market investment advice
A 63-year-old man from Hyderabad lost ₹50 lakh in a stock trading scam carried out through a WhatsA…
Insider Explainers: What’s the ‘pump and dump’ trading scheme shown in DiCaprio’s ‘The Wolf of Wall Street’?
Leonardo DiCaprio's portrayal of the flamboyant Jordan Belfort in "The Wolf of Wall Street" was a s…
NSE, BSE advise investors against dealing with entities assuring unreal returns
The joint advisory accused those entities of showcasing fake certificates purportedly issued by SEB…
ANI
Cloth merchant loses ₹1.9 crore in share trading fraud in Thane district
The complainant has alleged that the accused got in touch with him and added him to a WhatsApp g…
PTI
Coaching class owner loses ₹1.88 crore to stock trading WhatsApp group scam
As per the complainant, an unidentified person added him to the WhatsApp group 'STOCK Vanguard (…
PTI
Trump Media investors charged with insider trading plead guilty to fraud
Michael and Gerald Shvartsman pleaded guilty to illegal trading related to Trump's media organzatio…
Geoff Weiss
Thane police bust international racket of SIM cards use for cyber fraud; 3 held
The police suspect that around 3,000 SIM cards have been put to use in a similar manner, he said…
PTI
Feds accuse famed short-seller Andrew Left of fraud and market manipulation
The DOJ alleges that Left made at least $16 million by knowingly exploiting his ability to move sto…
Jennifer Sor
Anil Ambani, Arshad Warsi- Famous names who SEBI has barred from the markets
In July this year, SEBI had barred the infamous fugitive Vijay Mallya from trading in Indian market…
IPO scam – Two victims from Hyderabad lose over ₹11 crore in fake IPO scams
In yet another instance of fraudsters using the rising popularity of the stock market and initial p…
Trump is days away from being able to dump his Trump Media stock for a massive payday
Trump Media's lockup period ends soon, allowing Donald Trump to sell his shares if he chooses. He'd…
Grace Eliza Goodwin,Geoff Wei…
Short-sellers are more important than ever for keeping fraud out of the market, Carson Block says
"The market needs short sellers more than ever, given the amount of games that are being played," C…
Filip De Mott
Sebi cautions investors against fraudulent trading platforms offering stock mkt access via FPI route
Capital markets regulator Sebi on Monday cautioned investors against fraudulent trading platforms, …
PTI
Hyderabad Police bust fake call centre; five held for 'cheating' aspiring stock market traders
The Hyderabad Police on Wednesday said it has busted a fake Call centre in neighbouring Andhra Prad…
PTI
Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.
Fraud allegations deepen crisis for Chinese real estate giant Evergrande, which is already in liqui…
Huileng Tan
Stock market today: Dow closes above 40,000 as rally breaks out beyond mega-cap tech
The latest leg higher for stocks should soothe some fears of over-concentration in the market as ne…
Max Adams
Archegos chief Bill Hwang has been arrested a part of an alleged securities-fraud scheme that helped his doomed fund boost leverage to $160 billion
According to charging documents, Hwang was able to increase the leverage of Archegos to $160 billio…
Matthew Fox
Adani group marketcap falls by over ₹45,000 crore on Wednesday
Negative market sentiments rubbed off on Adani group stocks on Wednesday, with the flagship Adani E…
Sensex, Nifty50 surge in morning trade led by banking and metal stocks
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…
A former quant was charged in an $8.5 million insider trading scheme that included making more than 3,000 fraudulent trades from his wife's brokerage account
The SEC discovered the scheme by using data analysis tools to detect suspicious patterns in trading…