In short
A self-styled market expert or 'guru' builds credibility through tips, groups or claimed past profits The objective is typically to induce losses, fees or transfers through misleading/unregistered investment activity.
What it is
The promoter claims special knowledge, high hit rates or access to profitable trades. The victim is then pushed to follow paid tips, join a promoted platform/group or transfer money for investment/trading.
How it starts
A self-styled market expert or 'guru' builds credibility through tips, groups or claimed past profits.
What they tell you
The promoter claims special knowledge, high hit rates or access to profitable trades
What they want you to do
Follow paid tips, join a promoted platform/group or transfer money for investment/trading
How you lose money
induce losses, fees or transfers through misleading/unregistered investment activity
What happens next
After the first successful step, the fraudster may demand more money/information, deepen account or device access, or disappear.
Warning signs
authority | social proof | greed | FOMO | social-media promotion
Where this is documented
India — officially documented by an Indian authority/regulator
How to avoid it
Verify the intermediary and app through SEBI/RBI-authorized channels; reject guaranteed-return claims and pressure to move money to personal or unrelated accounts.
If it already happened
Contact the bank/payment provider immediately if money moved; report financial cyber fraud promptly via 1930 and cybercrime.gov.in; preserve messages, transaction IDs, phone numbers and URLs.