Trainers Who Lure Gullible Investors with Fake Trading Profits Need To Be Made Accountable
Vložit
- čas přidán 10. 09. 2024
- In the past few days, thousands of angry traders have been spewing vitriol about several high-profile trainers who, it is alleged, have consistently made false claims about their trading prowess to lure gullible investors into buying their online trading courses or open brokerage accounts from which they make crores of rupees as referral fees. How serious is the issue? Watch this week's video as Sucheta Dalal take a deeper look.
For more read: www.moneylife....
#finfluencer #suchetadalal #moneylife
For more information visit our website : www.moneylife.in/
Register : www.moneylife.i...
Follow us on Facebook : / moneylifedailyclinics
Follow us on Twitter : / moneylifef
1. Ganshyam tech
2. abhishek Kar
3. CA Rudramurty BV
4. BOC Md Nasir
5. Booming bulls Anish Singh Thakur
Power of stock or pushkar Raj thakur rah gaya
Pr sundar
Scalper shiva
who else is tired of Avadhut Sathe ads ? Oh and also the new superstar in the block - Mr Srivastava
I don't know why I don't get any ads on CZcams, neither do I have CZcams premium. Then what can be the reason?🤔
Especially the one where he shows a kid in front of the computer making lakhs and hundreds of people cheering wildly
@@rishinarang520 Those ads will appear when you make financial and economy related searches. Either you are a pahunche huey baba or Hopelessly gareeb on social media as well. 😅TIEasy..
Mumbai metro me bhi Baja rakha h ,
@@pk-bu7emkids making huge profit. That's the strategy if kids can do adult definitely can do. All were paid actors in these seminars.
Some Biggest Scammers in the Industry !!
1) Abhishek Kar
2) Vishal Malkhan
3) Avdhut Sathe
4) Rachana Ranade
None of the above have ever shown their verified P&L
There are many more like pushkar raj thakur, mukul Agarwal, booming bulls , etc many more
Trading legend (biggest scammer of 2023)
How is Sahil Bhadviya? Is he honest or just giving call, tips?
कोई भी अलिबाबा अपनी खजाने का पता नहीं बताता, खुल जा सिमसिम तो कभी नहीं.😂 राकेश झूनझूनवाला never discussed his shares with retail investors.
Malkan couple is biggest fraud....they will face there karma
Great work mam for exposing AK who i thought as God of share market, Mam pls Join SEBI board to save us.
Nobody is god everybody there to feed themselves not others don't get fooled
Good work madam. But people are gullible. There are lots of books and free programs. Why pay.? Trading is just a calculated betting . ( Good name is probability) And I am in it for last 20 years.
Pretty sure you will fall into the same trap again after a few years. Neither Sucheta Dalal nor modi can save you from yourself
@@rahulreggy not if you can develop your strategy. I am still here after 20 years
1. Rachana Ranade
2. Akshat Srivastava
3. Pivot Calls
4. Power of Stocks
5. Super trader Lakshya
7. Marketfeed
8. Madras Trader Rajan
List goes on and on and on........ ...
Rachna Ranade is a CA, and she taught about the fundamental analysis of the stock, but now a days due to public demand, she is also using technical analysis.
As far as I am concerned, I have not enrolled to any of such courses from anyone of the youtuber cum trainer but Rachna Ranade mam runs coaching classes in pune for CA as well.
So she must exclude this list.
She is truly a professional influencer. She will promote anyone or anything for money. I used to respect her earlier but not now. She is just as good or as bad as any CA. Unfortunately because of her qualification she is able to misguide more people. Read comments on her channel itself
are they fakes?? I mean the list above
Ankur warikoo too
I understood this scam after loosing heavy money in attending their classes and seminars, Here is my list. 1.Power of stocks 2. Pivot call 3. Rachana Ranade 4. Akshat Srivatsav. 5. Avadhut Sathe. Oh my God I could not understand their trick. They earn in crores by duping innocent hungry and poor traders. All of these must be punished for this huge training scam.
U are completely researched based & with zero nonsense
Your choice of words & the way u cut the clutter is impressive
I m a diehard fan of yours.
Keep doing good job. May Lord bless u all
many thanks!
Great work as always madam.. as you said both investors & regulators should do their part .. only then these scams will be controlled
Thank you Mam.
Your video will surely help in solving this menace
Your work will fall into deaf ears. When their eyes are filled with greed, retail investors will always be blind
SEBI must conduct an enquiry based on the income on PAN of these finfluencers. It should also tell the retail investors whether they are making money through trading or by investing in equity.
Exactly my thought. I've been thinking on the same line. What about people having multiple trading accounts and just showing VERIFIED P&L of just that ONE PROFITABLE account. Suddenly a lot of INFLUNCERS have become SAINTS by showing verified P&L and suddenly showing losses in an account. If they are so saintly, let them come out with ITR showing trading income vs income from other sources (ads, training programme, referals) especially the sources that directly affect the naive people who put their TRUST and MONEY (at stake) in such people. (I genuinely think, most people won't be interested in seeing their personal sources of income, that is not connetecd the training and trading).
Thank you mam for this video. Great help to all the naive crowd. Appreciate your help here.
I work in a CA firm we have a client from past two year I've been filings his returns and I was amazed to see that he pays nearly 7-8 lakhs on so called FNO training programs and also at the end of the year makes a loss of around 25-30 lakhs .....I don't know how these people are able to hold on to these guys to extort more money. When my boss told the clients to be cautious and also told him that he's being fooled ...then this client told my boss that sooner or later he'll make profit and all the previous losses would be set-off he was preaching my boss about tax harvesting 😂😂😂
Same at my office.
Been seeing a client, has an avg 17 cr derivatives loss every year
such amazing feedback. And there are millions of such people today, which is why the market for exploiting gullibility is so huge! The same youngsters are also brain washed into disbelieving all research based analysis by making slanderous comments about such work.
😂
Exactly, They loot from training and seminars and gamble in stock market for pleasure. Money earned from fraud means will goback to same place.
Highly Appreciated! Wonderful Video on the malpractices around trading. thanks Vinod
Abhishek Kar and Ghanshyam Tech ne bohot Paisa banaya hai retailers ko sapne dikha ke😂😂
This video proves what I always doubted and that is, if these "Champion Investors" are making so much money in their investments and trading, how are they finding the time to make so much content on social media?
Surely, they cannot be that good!
And if they are that good, then why do they need to be on social media to earn their living?
These are obvious red flags that the gullible don't see and they fall for these scams.
Abhishek kar was spewing venom against suchata mams work in harshad mehta scam now look at him ...😂 baap of scammer
This con business is worth crores , daily video is needed
Thanks
Abhishek Kar is a story-teller and definitely a scammer but he wasn't spewing venom for Sucheta Dalal.
He rather spoke the truth that Sharad Bhillari, who worked at the PR department of the SBI bank, was the first among the people who informed Sucheta Dalal about the scam.
Eye opener video , by sucheta mam
For those , who trust that stock market is a get quick rich scheme.
Ironic how some "experts" still need money after claiming to be skilled enough at making truckloads of it, while the knowledge and wisdom of the greats of investing is available free of cost.
Let us put down names of all these fraudsters here:
Abhishek Kar
Ghanshyam tech
Akshat Shrivastav
P sundar
Let's all take some personal responsibility. All these people are able to lure greedy individuals not the sensible ones. Sensible people would not put more than 5% of their money in speculation. Take responsibility for your greed and learn instead of shifting the blame.
@@vikyp989 Agree with you.
I never fall for their tricks.
Let us also list down some good people in similar domain.
Correct mei if I am wrong.
Invest in Bharat/ India - guy is nice.
Stocks for self - baccha hai but no I'll intention
Basant maheshwari - apna small case bechte hain , but knowledge acchi dete hain. Apne small cap nhi batate .. unka ghoda kuch jyada hi ghaas khata hai.
Any other name you want to add.
Not sure why SEBI being a regulatory authority is not doing enough to restore confidence.
Mam we feel proud that someone is doing this kind of investigative journalism in our country. Thank you so much.
@bitz..yeah really!! So what should have been done by her? Put garland to a man who cheated the country! U seem to be a cultured vulture:)
What can one do when the current government themselves starts promoting these "influencers".
Mam please join SEBI, thanks for being here for us ❤😇
Greed is the root of all evil. It seems to be true in today's stock market economy...
😂lolz right in the middle of this video there was an Ad from such a finfluencer!!
Have you made detailed video on NSE Colocation scam, who is Himalayan Swamy, how former FM now out on bail in another case has been direct beneficiary of it etc. ??
Maybe worth your while to search a little bit no? You may discover that we have also written a book called Absolute Power, which you can buy on Amazon and expand your understanding of markets -- it is serious stuff - not a quick FURU reel!
@@SuchetaMoneylife what is FURU ?
Bear cartel agents are FURUs
Do a special program on Shankar Sharma
Why not expose P. R. Sunder....??
P R Sundar is already banned by SEBI
But he is different from the Lot I guess..
He is rebellious and points out irresponsibility of Sebi as well that might be the one of the reason being get banned.
@@venktesh6600 he was fined Rs 6 crores and banned from trading for a year as he broke the law.
@@venktesh6600 But he never reveals his income from stock trading. He is keen to show his lifestyle, which ignites the imagination of the retail investors. If questions asked on the comment box about showing his IT returns of the last 3 years, no replies and lots of galli galoj from his paid subscribers.
Thank you for the timely video!
Great work Ma’am to improve awareness
Gullible traders equally accountable
Sebi should take strict action against these influencers
Abolish SEBI if it wants to be a spectator only , why pay additional taxes like turnover tax etc
Even our Regulator doesn't know the difference between a Trader and an Investors
😊❤ thank you sucheta ma'am
Ma'am, you are really doing a great job... our society needs fighters like you...
Ma'am, if possible, could you please look into the activities of following two persons...
Avadhut Sathe
Dr. Ravi R Kumar
Give the devil his due... Abhishek's storytelling is at another level.
Avishek kar will be a fake guru in future because of his skill to motivate people....
Which are full of lies . There was an episode where he claims he is possessed by a Dayan and every 4 months he gets the same dream of that Dayan threatening to kill him . That video is full of stories coming out of his azz
As always great work. ....o think the safest way newbies can approach the market is put money in a nifty index fund with a 10 y plus horizon .
SEBI shld take strict action Abhishek and Ghanshyam tech .they looted retail investor so hard .plz stop it all the asset shld freeze by sebi of Ghanshyam and Abhishek kar
thank you mam for your geninue videos concerning investors...
SEBI should be more strict both with PMS and MF promoters.... most of them were not even generating 10% returns in thee year period when inflation is over 7%
referral fees generally starts from 40% ( i know zerodha gives 40% ) and up to 80% ( some other brokers ) for these influencers.
Dear Suchita madam, you need to get a better quality camera
Eye opener video. Thankyou Ma'am
SEBI must lodge a complaint and fix these finfluencers who have made wealth through false claims and money earned is very huge than what is being reported
SEBI is a toothless dragon
Thank you mam
and if so much people are loosing money then where is the money going?
Big Institutions .. and a select few retail traders.
its mainly training and telegram tips group
Sucheta is always like the meaning of her name 👌👍🙏 May God bless Sucheta 🙏
Thank you for this video.
Wish SEBI has some spine to fix such issues
Avdhut Sathe ...pune running on same line...claiming a minor kid earned some lacs of Rs....in short period
Very informative,
Trading in the stock market is the nearest thing to gambling. Instead, be a patient investor. “Slow and steady wins the race.”
Abhishek Kar was an obvious fraud but its a pity that people are so gullible or desperate that they are not able to identify such scammers.
Training to my estimation stands for developing Soft Skill. If someone wants to get interested to learn any Skill particularly in Trading Activites to know the nitty-gritty, how does Trainer become responsible for Legal Prosecution? Trading is a Business option open to any wiling person out of his/her own. Speculative Market as it stands for always offers Risk both positive or negative according to trends of Market Players. Art of Share Tradings involves some expertise that grows over a period of time to enjoy accrual of Benefits. This ultimately promotes the Learners to become a Trainer to future Aspirants.
Sebi should publicity available all this finfluencer account so that public can themselves verify account.....
And also finfluencer are not allowed for referral income
Madam, nice talk. But what happened with IRCTC in 2021 during the split must be investigated by the SeBI. But, nothing is done. Huge influential /inside/etc trading, scams might have taken place on IRCTC during that time. Please raise your voice madam after your study and understanding.
algo tradin scam pe bhi video banae madam ji
The true merit of these celebrity trainers will come out once their you tube channel is banned. Once done, half of these influencers will sit around with their loss making trading book.
I find it amusing as well as alarming when I see kids who are just out of their teens, know practically nothing about market cycles, advertising that their students are earning 20k everyday in share market, this is really alarming for new generation of investors. Regulators must put a check on such non sense for long term growth of equity markets in India.
Mam kindly take against action Ghanshyam Singar Yadav who scammed retailers brutally kindly banned from NSE nd all exchanges nd takes his holdings under sebi that is the lesson for all scammers ...
Baap of chart channel also....taking money via upi from lakhs of people in the name of tips and using very very bad language for person even taking name of SEBI
suchI would want to express my gratitude for the valuable session provided, which I greatly appreciate. It appears that a significant majority, around 99%, of individuals self-proclaimed as experts in the realm of social media within online platforms are inauthentic and are acquiring income through such means.
RCom,Sintex etc,cheated innocent investors.
Great work ma'am.
SEBI is practically useless. There is so much manipulation in the market. Now a days past stock market operators are being hailed as heroes and legends, and what does SEBi do?
Nothing because Money is Supreme in the market.
The operators have even started manipulating the Options but who bothers.
The retailer is a lamb to be butchered by the big money thats it. And all these so called regulators are only for creating policies which always go against retailer.
To hell with Babus and beauracracy
Don't forget Mukul Aggarwal with fake reviews and mediocre content.
Abhisekh Kar, Avadut Sathe, Booming Bulls , Ghyansham Tech and a thousand more
Abhishek kar calls sebi as baby in many of his video's.
Excellent information
Madam excellant initiation,pls catch hold the fake finfluencers who started their career has finfluencer and slowly took money from subscribers and then in 2 to 3 years they started to show their profit screen shots who actually warned through classes and CZcams income actually and then taking a bit risk and showing off their big green figures and kuring innocent people and finally they loose and sometime addicted to it and finally get out of it
Verified PNL LINK should not be just per Broker, but per PAN NUMBER, then it will coverall Trades/ per day, across All Brokers
No regulator can regulate greed
Let greed teach everyone
GDP 7%
Earn 10%
Be happy
Good initiative.these cheaters can be checkmated by spreading awareness against these swindlers..👍
in this video I don't see any deep dive investigations done by the youtuber, whatever has said by the youtuber is already available on the public domain, it will be better if deep dive is done and then come out with specific details!
Madam you should an episode on cooperative bank, specifically Guru Raghavendra Coop Bank, Bangalore, where thousands have lost their hard earned money
Great job🎉🎉
Mandate the trainers to make there tax returns public. Failure to do so should get them arrested. 😊
कोई भी अलिबाबा अपनी खजाने का पता नहीं बताता, खुल जा सिमसिम तो कभी नहीं.😂 राकेश झूनझूनवाला never discussed his shares with retail investors.
What's ur openion on Well Known TV Analyst राकेश बन्सल, सुमीत बगाडीया, कुणाल सरोगी , संदीप वागले
The self proclaimed Saibaba of finance market - Mr Abhishek Kar must be held accountable...
There's a trainer on every other page now. They have grown like mushrooms lately. SEBI is sleeping exchange board of India.
At least Abhishek kar accepted his mistake , ghanshyam didn't... He is like he won't
latest scam algo trading pe ho raha hai brokers and fininfluncers milke public ko bawakoof bana rahe hai
We need to understand in FNO Derivatives markets we will ultimately loose money .. learn whatever technicals setups you want to .. ultimately you will end up in losses Bitter and hard truth 😊
Just not showing verified p&l and not making profits doesn’t means they are making crime. It will not stand on any legal grounds’. Law is clear anything is wrongfully done then it should be clear in terms of intentions and crime
Who are these high profile trainers, please share some hints
Ghanshyam tech ke videos dekh ke aisa lagta hai jaise market wo hi chala raha hai.
What about Ghanshyam Tech and Md. Nasir from Baap of Chart.... pure fraud person
maam you are so smart u shud bcum sebi chairman...
Put data of Income tax
Return
And
Get licence after having proper degree from
Accountable institution
Someone being on quora can recall kar started writing blogs there, those articles were used to look like being written by newbie, there was one more guy that time Gopal Kavirreddy but he was educated and used to do only fundamental analysis…Fast forward 5-6 years now i suddenly see Kar emerged out as expert 😂, Gopal i guess left writing on quora since he took job at fyers..dont know what happened later
12:00
brokers are equally responsible who share cut of brokerages to frauds youtubers
Gullible guys eager greedy to make money..need loose money...
Mam, please investigate this guy Siddharth Bhanushali also. I am confident you will find this even more interesting case
SEBI is just clueless mam
Greed and venality are the main market movers. Why blame the regulator? The scammers will keep getting new stock.
Agree 👍💯
Golden ,..... Rrretriver
You should be a accountable first for 1992 , disclose other name also which you hide
I cannot do anything about your ignorance. Read : www.amazon.in/SCAM-Debashis-Basu-Sucheta-Dalal/dp/8191013401 The title itself has MORE THAN ONE NAME. And the book has scores of scamstars, banks, politicians etc. But do you know how to read? BTW the book was published in 1993. The Joint Parliamentary Committee report also came later that year. Educate yourself.