Cousin lost 70k to a finflunecer
I have a cousin who works at a private equity firm earning 80,000 per month in Mumbai. As soon as he started earning, he believed he was a legit guy, but as he started investing, he started losing money, as the majority of his suggestions were flops, and he even got credit card debts to invest in stocks and spent 2L repaying his loans and just faced a layoff, ending up laid off. Literally, he has zero savings and a bank account, and he has credit card bills due next week as he invested in bitcoin based on. Literally, advice. What can he do?
Riyality
Stealth
3 months ago
Sharan
steppenwolf
Stealth
3 months ago
That sharan guy is giving stock tips ? like short term trading tips ? was it options or equity ?
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steppenwolf
Stealth
3 months ago
Your cibil score would take a hit and you will face a lot of difficulty if you want credit in future from the banks.
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steppenwolf
Stealth
3 months ago
Borrow money from friends or family, keep paying EMIs don't default on them. Look out for the next job and after securing 1, consolidate all the debt into 1 personal loan.
Riyality
Stealth
3 months ago
Sure
It’s a good thing, we should have such examples for people to learn about money through better channels.
Riyality
Stealth
3 months ago
Yes
Riyality
Stealth
3 months ago
For all asking he told the company was based on Mumbai and client was EY
