Detected Big Fraud: Sebi Uncovered Misconduct Use fake/fake communication to pretend to be its officers – You can keep it safe

Financial fraud alert: Large financial fraud was unearthed, capital market regulator Sebi warned the public on Wednesday that the official letter heads of certain people, logos and sealing measures were illegal, demanding fines while pretending to be its official. Market regulators encountered an instance in which the sender posted a wrong notification via social media to make a demand.

SEBI discovers fraudsters’ red hands; commits forged certificates to avoid strict litigation

SEBI encountered certain situations, in which “the sender issued a notice through a social media platform requiring a fine to be paid to prevent SEBI from taking action against the recipient, the sender forged proof of sales to indicate that he is the buyer of the PACL property, and the sender issued a forged certificate of certificate of use forged third-party vendor accounts.”

SEBI informs the public not to involve fraudsters with fake documents to project themselves as officials

Warning Sebi urged the public to act cautiously when it appears to receive any communication from its side.

5 Things to Know to Verify the Authenticity of Sebi Communication

Market Regulators enable users to verify all their communications through their portal Sebi.gov.in.

Sebi said in urging the public to seemingly check the authenticity of any communication from its perspective to avoid the sacrifice of such fraudulent activity:

• Each SEBI order has a unique reference number: This number can be found on the SEBI portal in the “Order” section listed under “Execution” (Home/Execution/Order) listed on its website.
• Each SEBI recovery certificate is available on its portal: This certificate can be located under the Recovery Programs section listed under “Execution”.
• Each official correspondence has a unique document ID: Each piece of communication (such as letters, notifications, or summons) issued by Sebi meets a unique document ID and can be verified using the “Authenticated Document Number” issued by the “Sebi sebi” tool on the portal.
• Contact information for each SEBI official is available online: Contact information for SEBI officials (such as email ID and phone number) is listed online on the SEBI portal. These details can be found and verified in the SEBI Directory section on the website.
• SEBI officials use ‘@sebi.gov.in’ email ID: SEBI sends official electronic communications via its official email ID with its domain address “@sebi.gov.in”.

SEBI cautions the public against fraud | This is the safety you can do

SEBI urges investors and the entire public to use the above channels and tools through its portal to verify all communications to prevent any prey of fraudulent activity.

It states: “Investors are advised to represent SEBI and be alert when handling communication/sender requests for information or payments”.