SEBI warns investors of fraud trading schemes offered by entities posing as FPIs

'Fraudsters are enticing through...': SEBI warns investors of fraud trading schemes offered by entities posing as FPIs Market regulator the Securities and Exchange Board of India (SEBI) on Monday warned investors of fraudulent trading schemes by people posing as employees or affiliates of SEBI-registered Foreign Portfolio Investors (FPIs). The regulator said that it has been receiving several complaints regarding fraudulent trading platforms that falsely claim or suggest an affiliation with SEBI-registered FPIs. Sebi said these platforms are claiming to offer trading opportunities through FPI or Foreign Institutional Investor (FII) sub-accounts or Institutional Accounts with special privileges. As per Sebi, fraudsters are enticing victims through online trading courses, seminars, and mentorship programs in the stock market, leveraging social media platforms like WhatsApp or Telegram, as well as live broadcasts. [Read more]( If you would prefer not receiving our emails, please [Click Here](