SEBI Warns Investors Against Imposters Charging Money To Resolve Grievances

SEBI Warns Investors Against Imposters Charging Money To Resolve Grievances
SEBI Warns Investors Against Imposters Charging Money To Resolve Grievances

The Securities and Exchange Board of India (SEBI), has issued a warning for investors alerting them about possible fraudsters who are posing as officers from the regulator. These fake officers are allegedly extorting money from investors for resolving complaints.

The regulator already has its eyes on these fraudsters and are cautioning investors and the public against these traps. SEBI has clearly said that resolution of complaints does not cost any money or fees.

SEBI has asked investors to proceed with caution and not to fall prey to fraudulent emails and communication under its name or officials. They have also advised investors to inform the local police or cyber crime authority about frauds like this immediately.

In a statement SEBI said, “These fraudsters are reported to have sent emails impersonating employees of SEBI, posing as officials or posing as official communication channels of SEBI and are offering to help investors in resolving their complaint.”

The only genuine and official website of SEBI is https:cores.gov.in. Only on this website, people can register complaints and members of the public are being advised to be careful and watch out for fake websites with similar addresses, fake logos, and or similar-looking domains and email ids.

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