Invest thousands, Earn lakhs in no time. How is this even possible? Fraudsters who dupe gullible investors of their hard earned money, capital markets regulator Sebi has launched an all-out mass media campaign to make the public aware about troubles of investing on hearsay and in pursuit of high returns in less time.
Using various media including TV, radio and print, the Securities and Exchange Board of India is specially targeting the collective investment schemes (CIS) wherein investors are promised doubling of their investments within a few months, or guaranteed fixed returns for their entire life after investing some thousands or lakhs of rupees.
These campaigns are being used all over the country with special focus on states like West Bengal, Bihar, Jharkhand, Chhatisgarh, Odisha, Maharashtra and Tamil Nadu, where larger number of investors are affected by such schemes.
