Stocks like that of Shree Ashtavinayak Cine Vision, with poor corporate governance and dubious promoter record, attract investors like bees are attracted to honey. In their lust to make a quick buck, investors turn a blind eye to all red flags and plunge in with their money. When the money evaporates into thin air, investors cry foul but who told them to play with fire?
Posts tagged scam
The Stock Guru Scam Modus Operandi
The Stock Guru scam which duped 2 lakh investors of Rs. 500+ crores was very easy to implement. However, Lokeshwar Dev Jain and Priyanka Dev Jain did not expect such an abrupt closure of their scam. They were surprised by the sudden Income-tax raid which sealed the bank accounts and confiscated the cash
Now, The Stocks Guru Scam
Is it really so easy to run a scam? Just set up a shop, promise investors exorbitant returns, collect hundreds of crores, and just disappear in the dead of the night. Lokeshwar Dev Jain and Priyanka Dev Jain of “Stock Guru India” collected a mind-boggling Rs. 1,100 crores from naive investors before absconding
Rakesh Jhunjhunwala Model Portfolio Gives 30% Return
Rakesh Jhunjhunwala has a gentle smile on his lips. A Model Portfolio that bears his name has given a 30% annualized return. Not quite close to the Badshah’s own multibagger portfolio but on the correct path nevertheless
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