Gordon Gekko rightly said that a fool and his money are lucky to have been together in the first place. A scamster cleverly exploited the naivety and greed of novice investors and has pocketed a massive fortune of Rs. 105 crore
Posts tagged Stock Guru
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
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