The Scam Uncovered
Option trading has been gaining popularity among investors due to its potential for high returns. However, recently, a 300 crore scam involving option trading has come to light.
Who is Involved?
The scam involves a well-known finfluencer, Ashesh Mehta, and his wife. They are accused of running an illegal business and orchestrating a drug racket worth 300 crores.
The Modus Operandi
The couple allegedly used their social media influence to attract investors into their fraudulent scheme. They promised high returns through option trading and convinced people to invest large sums of money.
The Fallout
As news of the scam broke, many investors found themselves at a loss. The couple’s promises of high returns turned out to be empty, leaving investors devastated.
The Impact on the Stock Market
Scams like these not only affect the victims but also erode trust in the stock market. It is essential for investors to be aware of such scams and take necessary precautions before investing.
FAQs
Q: How did Ashesh Mehta and his wife attract investors?
A: They used their social media influence and promised high returns through option trading.
Q: What is the estimated value of the scam?
A: The scam is estimated to be worth 300 crores.
Q: What should investors do to protect themselves from such scams?
A: Investors should thoroughly research any investment opportunity, verify credentials, and be cautious of promises of high returns.
Q: What are the consequences of such scams on the stock market?
A: Scams erode trust in the stock market and can lead to a loss of investor confidence.
Conclusion
The option trading 300 crore scam involving Ashesh Mehta and his wife has shed light on the importance of due diligence and investor awareness. It serves as a reminder to always exercise caution and verify the legitimacy of investment opportunities. By staying informed and taking necessary precautions, investors can protect themselves from falling victim to such scams.
