From the land of Snake Charmers to Scammers!

From the land of Snake Charmers to Scammers!- Grapevine

Just be careful, these advertisements are misleading and the guy has not appropriate PM skills. He’s spamming lots of people with paid advertisements. 

As there’s no other mechanism to stop such people for defrauding innocent youngsters.

Another snake-oil seller⚠️

Product Manager

Welcome to Personal Finance's Private Community

**News Flash:**

Hi everyone, there is a new WhatsApp stock market scam happening right now. It starts with a random person messaging you, usually with a woman's profile picture, offering free stock market tips. If you agree, they send you a link to join a group. In the group, they conduct two live broadcasts daily, one in the afternoon and one in the evening. They pay you to watch these broadcasts continuously for three days, along with some data pack recharges.

Initially, the broadcasts appear professional, discussing market indices and suggesting stocks. After about a week, they start promoting a "700% wealth surge plan" on your initial investment. They claim that the consulting services you're currently enjoying are worth Rs 50,000 for this quarter. If the 700% gain is achieved, you must pay consulting fees and revenue sharing for two quarters. The fees depend on the information service you choose for the next quarter. If the 700% profit is not achieved, no fees are charged, and future cooperation allows you to choose your desired service level freely.

The stocks they suggest also surge, and people in the group keep posting their profits and praising the "professor" named Hardik. When it comes to the 700% surge plan, they introduce a twist: they ask you to download an app or visit a website to sign up with your Aadhar number. They claim this "Preferred Asset Account" has several advantages:

1. It allows for pre-market trading.
2. It has priority trading rights when purchasing Upper Circuit stocks.
3. The success rate of subscribing to IPOs is higher compared to a regular Demat account.

Believing it to be genuine, you might add your money. Initially, you make good profits, but soon you realize you can't withdraw your money, and eventually, you are blocked by everyone.

The company behind this scam is IEF (International Equity Funds), operated by Meera Patel, Hardik Shah, and Ami Shah from the USA. If you Google them, you won't find any legitimate information. There are also multiple company names associated with this scam, according to my research. Be aware and never fall for these scams with unrealistic profits. Always use trading apps approved by the government, do your research, and be mindful.

Scam Alert

Data analyst

Modern day snake oil sales folks

Software Engineer

What is even happening. Scamster is back

Program Manager

This news is a reminder that everyone who can move market in the stock market is a scamster. Just that some gets caught, others are enjoying till the party last.
The detailed SEBI report is an eye opener with WA chats screenshots

Zee Business Panelists' scam

Welcome to Indian Startups's Private Community

Its funny how some Site Relaibility Eng like aditya who has never worked in Maang is selling dreams to Tier 3/4 folks to get placed in Maang in 90 days.

Coming to pratik kapasi who was an L4 with 10 years of exp in google with low SI rating. Literally everyone with 2 years of exp are doing better than him.

New Scammers in Town: Pratik Kapasi and Aditya Kamat

Okay, so this happened to me last year. I was approached by a college alumni (got my number from college alumni group) who told me he had a side business going on which was leading him to earn more money than his corporate job and that he was going to leave the corporate for his “business”.

I was initially not interested but he was insistent and also I was looking to explore some options (may be my naïveté) that I asked him more and so he setup a call with his senior to explain more about this “business”.

Now this senior gave all sorts of gyaan regarding how to reach financial independence and picking up on the general mindset of how to make more money. They asked to create a list of 10 things that I desired the most at the point of time which could be solved with more money. I complied thinking it was a good exercise (again, I was a big fool). Now I was connected with another senior who gave all sorts of gyaan regarding how I could make more money and lead to financial independence.

Please note, during all this time I was constantly asking what the business idea was and how it would be achieved but got no response on the details and only white washing regarding how I should be prepared to do anything to achieve my dreams.

Now, it was revealed that I would need to put in 5L as investment to get bigger returns. Since I did not have that money in handy, I was suggested to get a personal loan through their agents. Also not to inform this to parents because they won’t understand this stuff and get “worried”. Luckily I did went with their suggestion and informed my parent about it. Thinking it was a startup idea, I got the investment from my father through an OD in my name.

Now we get onto a call two days later, where they reveal the company QNet and makes me purchase 5L of stuff from their website and explained the business model which was to get other people from your knowing to buy products from this company and get commissions on the sale.

Continued……

Pyramid scheme scam

Last Friday I went on a date with a girl from Gurgaon and it was the biggest mistake of my life. I was apprehended by her brother's friend at Ambience Mall. How? We were having a milkshake from Keventer's where some guy randomly pops out and starts enquiring about what we were doing.

The thing escalated and he said he will call police. I got scared. Then he motioned for someone, and that guy started misbehaving with us as well. It was becoming very stressful and I asked , "Tum chahte kya ho?" He was like, "Mhaare doston ko bhi thoda Milkshake Wilkshake pilao bhai." (Get milkshakes from KLeventers for our friends too). I was like, "Huh?" He demanded cash and said that he will get it himself. I gave them all cash I was carrying, some 2500 rupees and ran away. I think the girl was in on it too.

What should I have done?

Regret going on a date with a Haryanvi girl 👫🏻 ...

What policy by your employer backfired?

Software Developer

Techie loses Rs 28 lakh to dating scam; police reveals how he was trapped https://timesofindia.indiatimes.com/technology/tech-news/techie-loses-rs-28-lakh-to-dating-scam-police-reveals-how-he-was-trapped/articleshow/112127210.cms

Beware Guys

Real Estate

I came to Bangalore 2 weeks ago. this is my first time visit to Bangalore. One fine day I was casually walking to my PG after having a tea at chai house. in the middle of a road a person with his newborn baby and wife approach me with folding hands. He asked me if I speak hindi. I nodded, then he said Iam from Maharashtra and he came here for job, but his master has kicked him out and not given him salary. He has no money for food and to travel back. He asked me to give him 300. I sensed it might be scam but being an emotional guy I thought 300 is not a big deal. I said I don't have cash but I can pay via phonepe. he showed me his qr on mobile. A thought ran in my mind does he has no one who he can call and ask for online money if he has working smart phone. when I started typing the amount 300 he said sir 300 for one person, pls pay for my wife too. I said I only have this much money only. I paid and walked off quickly. I think I'm scammed but it could be a genuine case too. 

tell me guys have you faced/heard this before. this might probably aware someone in future.

Is this a new scam?

So finally, someone spoke about this fraudulent startup AstroTalk. How they operate and how they take advantage of gullible people, is completely explained in the video. These kinds of startups need to be busted on LinkedIn and other social media platforms so that no one calls prey for such cheap tactics. This is just another BYJUs in the making. The cofounder is an IIT IIM grad. Shows how greed can even pollute the minds of even highly educated people. Really don't understand how the VCs can be so fucking dumb, funding them with 165 Crores!! Shocking but it isn't surprising since the Indian Startup ecosystem is filled with such scam artists.

Scam called AstroTalk - BYJUs 2.0

Sales

Welcome to Office Gossip's Private Community

Respect for Naren. Legendary way to handle stuff.

Link: https://x.com/1PageFinance/status/1778637275875938397

Ravisutanjani v. Naren.io eLafda is MAD

Corporate Strategist

Today i got a call form an company name " Genique management services pvt lmt" , HR was asking to pay 
Rs. 3600 from me for technical assessment test  . She also mentioned that the job location will be Canada / Australia 🤡

Job scam

I must say the scammers are getting quite smart

Business Development Manager

Dear all, 

Please discuss scams which you faced so that our community will learn and Save energy and time before scammed

Story should be very small and to the point

Thanks

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