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2 mins read

No More False Promises: Government sets rules to prevent misleading and exaggerated coaching centre ads

The Centre's crackdown addresses exaggerated claims like “100% selection” or “guaranteed job securi…

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2 mins read

Thane doctor gets cheated of ₹3.84 crore, was promised high financial returns by 3 men

A doctor from Thane, Maharashtra, lost ₹3.84 crore to a scam promising profits from a municipal con…

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2 mins read

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…

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4 mins read

Insider Today: Recession false alarm

In this Sunday edition of Insider Today, we're talking about a recession false alarm, and a "crazy"…

Lisa Ryan   


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1 min read

The SEC is cracking down on investment advisers that falsely claim to use AI

The SEC settled with two firms, Delphia and Global Predictions, who it had charged with making fals…

Aruni Soni   


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2 mins read

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   


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3 mins read

Hyderabad man uses online trading app to try and earn some extra money, loses Rs 8 lakh

A 40-year-old Hyderabad man lost Rs 8.17 lakh to an online investment scam after being lured via ra…

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2 mins read

China has released its list of top five sources of online fraud in 2022

We truly want to believe that the internet is a safe place but we all know that humans can become a…

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4 mins read

Mis-selling trap – Why ULIPs are not for senior citizens

Haldar’s investment was hit during the 2020 market crash and he lost a big part of his savings. Plu…

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2 mins read

Bitcoin briefly spiked 10% after a false report said the SEC approved BlackRock's spot bitcoin ETF

"We apologize for a tweet that led to the dissemination of inaccurate information regarding the Bla…

Matthew Fox   


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4 mins read

Guaranteed return insurance plans are not a good idea: Here is why

These guaranteed return plans are basically insurance plans. They sound promising, because who does…

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2 mins read

Sandy Hook conspiracy theorist says she's 'proud' to harass families of children who were killed in mass shootings

"Prove to the world you've lost your son," Kelley Watt wrote to Lenny Pozner, whose 6-year-old, Noa…

Katherine Tangalakis-Lippert   


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3 mins read

Warren Buffett and Charlie Munger's deputy just revealed how he wowed the investing icons and landed his dream job

Todd Combs won over Charlie Munger with his broad knowledge and way of thinking, and impressed Warr…

Theron Mohamed   


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2 mins read

Companies are latching onto the hot new AI trend. The feds are warning they're watching for false claims.

The FTC called AI a "hot marketing" term that some companies won't be able to stop themselves from …

Grace Kay   


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2 mins read

Financial planners agree on the biggest threat to a young investor: a 'false sense of confidence'

When a new investor scores a big return, they might believe it has more to do with their stock-pick…

Tanza Loudenback   


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2 mins read

Billionaire investor Bill Ackman says US banks depositing $30 billion into First Republic creates a 'false sense of confidence'

"Spreading the risk of financial contagion to achieve a false sense of confidence in FRB is bad pol…

Huileng Tan   


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2 mins read

The Mormon church's investment arm is a 'clandestine hedge fund' disguised as a charity, whistleblower says

The Church of Latter-day Saints tried to hide billions of dollars and the funds weren't used as int…

Phil Rosen   


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3 mins read

Robert Nelsen invested millions to slow down the aging process. Here's his antiaging routine, including a suit that sends electric pulses.

Robert Nelsen's antiaging routine: He takes nearly a dozen drugs daily, has frequent doctor visits,…

Kate Hull   


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2 mins read

Nikola plummets 13% after short-seller report alleges years of deception and false statements by CEO

Hindenburg said it suspected that Tesla's relentless rally "pressured" General Motors to partner wi…

Matthew Fox   


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2 mins read

Paul Krugman says Silicon Valley Bank 'was a kind of affinity fraud a la Madoff' because it sold itself on false pretenses

SVB convinced the tech startup world it was trustworthy by selling itself under false pretenses, ac…

Zinya Salfiti