Asia
India· BengaluruIndian investors lose ₹100 crore in unauthorized US stock trading
Approximately 30 Indian retail investors have allegedly lost over ₹100 crore due to unauthorized liquidation of their US stock portfolios, with funds reportedly used to purchase a penny stock.
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Indian investors report over ₹100 crore loss in unauthorized US stock trading
First report 2h agoLast update 2h ago1 takes 1
warning on intermediary riskneutralShow 1 post
started 2h ago•Last update 2h ago
This incident serves as a severe warning about the risks associated with intermediaries for Indian investors trading in international markets.
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