Home Scam/Fraud Zerodha CEO shares how stock market operators trick retail investors

Zerodha CEO shares how stock market operators trick retail investors

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With the Indian stock markets rallying to record highs, and many new investors participating enthusiastically in the bull markets, it’s a perfect breeding ground for stock market scams. Online stock brokerage Zerodha in a recent tweet shared how they keep hearing about various horror stories of investors losing money due to the lack of awareness or greed.

“If something is too good to be true, it often is. It’s better to stick to the basics and always be cautious. As the saying goes, trust but verify,” the brokerage said in a tweet. Educating the investors, online stock brokerage firm Zerodha recently shared a blog post by his CEO Nithin Kamath last year on how one can identify such frauds and what the brokerage firm is doing to help them falling for the trap and avoid losing money.

Explaining how stock market scamsters trick investors in a pump & dump scheme, the blog says that the operators…

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