Report scams in the Equity Market

#1
Hi Friends,

We have seen the recent IPO scam in which a lot of investors have been defrauded. I would like to initiate this post so that members can share their experiences on the scams going on in the equity market -- and we fellow members can learn and be aware of the scams in the market.

Would be good if we can start off with real scams which are going on in the market. Even fraudulent policies adopted by some brokers to defraud investors can be posted in this thread.

Trust me -- even one scam reported and learnt can go a long way in protecting investor wealth -- which is more important in this heated market.

Regards,
Srikanth