Here, the prices of
stocks are manipulated by sending out false information about the companies
through e-mails, chat forums or / Internet boards. This results in a rise or
/ fall in the prices of stocks and the
scamster benefits by selling or / buying
shares at the right time.
In another
variation of investing scam, which came under the SEBI scanner recently,
companies were offering 'guaranteed return' schemes through e-mails, websites,
blogs and social media platforms, and conning people out of their money.
The best way to avoid
it is to conduct your own research about the company, and not invest in schemes
that promise outrageous returns.
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