Baap of Chart’s New Unbelievable Scam: SEBI Penalty had NO Impact? | Fake Finfluencer Series Ep - 21

In this video, we expose the ongoing fraudulent activities of a notorious stock market scammer known as the "Baap of Chart," who has resurfaced despite previous regulatory action by SEBI. On October 23, 2023, the Securities and Exchange Board of India (SEBI) penalized Baap of Chart with a hefty ₹17.2 crore fine for violating various rules, including handling trading accounts, offering unauthorized trading tips, and engaging in illegal profit-sharing schemes without any SEBI license. However, despite this significant penalty, he is back again with more violations. This time, he's reaching out to unsuspecting users via Instagram and WhatsApp, offering false promises of "recovering" their trading losses. This new ploy of Baap of Chart is aimed at trapping more victims, many of whom are already vulnerable due to financial hardships. These scams are majorly being done in the name of Loss Amount Recovery. Recently, our team of investigators at FraudFree has been working tirelessly to bring such issues to light. We have spoken directly to several victims over voice and video calls, listening to their concerns and the deceptive tactics used to mislead them by various kinds of scammers and fraudsters out there. In this case, these victims shared their experiences of being contacted by Baap of Charts, who offered to "help" them recover their investments, only to further exploit them. In this video, we break down: how these scams work, the actual recordings, whatsapp/Instagram conversations the deceptive promises being made on calls, the potential risks for those who engage with individuals such as Baap of Chart our message to retail traders for NOT getting involved into something like this in the first place. FraudFree by A Digital Blogger is committed to assisting these victims and helping them take appropriate legal and regulatory actions. We are actively reporting such cases to SEBI and other concerned authorities to ensure that justice is served and that such scammers are held accountable for their repeated violations of regulatory rules. If you've been approached by similar schemes or know someone who has, it's crucial to be aware of the dangers involved. FraudFree is here to assist victims in navigating this process and ensuring that their voices are heard. Watch the video to learn more and stay protected against financial scams. And if unfortunately, you have been scammed or have been defrauded, report to us at: https://aseemjuneja.in/ Follow us on Social Media Handles: Instagram - https://bit.ly/adb_insta Twitter- https://bit.ly/adb_twt