Profiquity, HBJ Capital and Osar Capital. SEBI fines HBJ 25 lakhs.

https://economictimes.indiatimes.com/markets/stocks/news/sebi-levies-rs-25-lakh-fine-on-hbj-capital-services-4-directors/articleshow/74176266.cms?from=mdr

Beware of dealing with Profiquity. The person who runs Profiquity (Nishanth Singh Chauhan) is in cahoots with the people behind HBJ Capital and Osar Capita. They are Kumar Harendra, Amrita Singh, Abhishek Kumar Singh and Jitendra Kumar.

Through an interim order passed in June 2015, Sebi among other directions had directed the firm and its directors to desist from acting as investment adviser and alternative investment fund.

Nishanth has not taken given any reply to my question (http://logtk.blogspot.com/2018/01/reply-to-nishant-chauhan-of-profiquity.html) nor has he taken any legal action (How can he? If he were to do so, all the fraud he is involved in with the HBJ Capital will come out).

AVOID dealing with Profiquity.

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Want to make money in the stock market?

Then check the websites below.


The most important advice to make money in the stock market
http://www.safalniveshak.com/
Moneylife Magazine  (Paid magazine)
http://moneylife.com

Sanjay Bakshi, a successful value investor
https://fundooprofessor.wordpress.com/

Rakesh jhunjhunwala
http://rakesh-jhunjhunwala.in/

Capital Ideas online Value investor Chetan Parikh
http://capitalideasonline.com/wordpress/

FRAUD: Profiquity recommended stocks now down. Total 75 % loss. FRAUD.

As discussed in a previous post, https://logtk.blogspot.com/2019/02/profiquity-will-make-you-lose-money.html

Profiquity recommended 2 stocks in its Jan 2018 "investment newsletters" sent to former HBJ clients.

1) Lasa Supergenics
2) Sahyadri Industry Ltd

The share price of Lasa has gone down from Rs 200 (at the time Profiquity recommended it) to Rs 10.

The price of Sahyadri has gone down from Rs 292 to 137 today.

If you had, for example put Rs 1L equally in both stocks,

50000/292= 171 shares of Sahyadri. Value of those 171 shares- 23427 =46 %. Therefore you have lost 54 % of your wealth here.

Another 50000 in Lasa. 50000/200= 250 shares. 250 x 9.9 = 2475 = 5 %. Therefore you have lost 95 % of your wealth here.

Therefore, your 1L is now only 25000 today! Thanks to Profiquity. As I mentioned earlier, they will get rich, you will get POORER!

An erosion of 75 % of your wealth in just 18 months. What an achievement. Clap clap clap.

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Want to make money in the stock market?

Then check the websites below.




The most important advice to make money in the stock market

http://www.safalniveshak.com/

Moneylife Magazine  (Paid magazine)

http://moneylife.com


Sanjay Bakshi, a successful value investor

https://fundooprofessor.wordpress.com/


Rakesh jhunjhunwala

http://rakesh-jhunjhunwala.in/


Capital Ideas online Value investor Chetan Parikh

http://capitalideasonline.com/wordpress/

FRAUD ALERT: If you get a call from the PFRDA

Take a look at this:

Fraud in the name of PFRDA (PFRDA website)

A family member recently received a call from the number- 96673-83598 (btw, this is Rajasthan MTS number) stating that the caller was a one Ms. Neha Sharma calling from the PFRDA dept.

Yeah, so what chances of somebody sitting in remote Rajasthan wanting to give me back my precious money! Oh, so lucky am I.

Anecdotal evidence suggests that crime is fast moving up in sophistication, from crude chain snatching on the street to using the regulators’ names to induce people to part with their money. The fraudsters prey on a mix of greed, ignorance and regulatory weakness to cheat people. The recent cases of money being collected in the name of PFRDA once more bring focus to the issue of non-registered deposit-collecting entities across the country.

https://www.livemint.com/Money/xRBoUov0uUoTCBoUdbW0PN/When-chor-pretends-to-be-police.html

Since family member was nearby, they put the caller on speaker phone, I checked online if there was a scam running, search google "pfrda scam" and see the results that pop-up. The above 2 links are the ones you can read to understand what the scamsters are trying to pull off.

So this Neha Sharma was 'politely' told to try this on the next number in their database, instead of harassing us.

I could have led them to give me more details and the modus operandi of their scam (bank acct, location, etc etc) but I have no time for now. So posting a heads-up for others who might be lucky to receive a call from these scamsters.

FRAUD: Profiquity will make you lose money. PROOF supplied.

So I was checking Profiquity's "investment newsletters" sent to former HBJ clients. Do you think Profiquity is your friend? It is a COMPLETE FRAUD.

Proof?

Check this newsletter that they sent in the month of January 2018.

It mentions 2 companies in it-

1) Lasa Supergenics
2) Sahyadri Industry Ltd

This company takes the cake. Lasa made its all time high on Jan 5, 2018 (Rs 200) and since then been declining.

It is, as of 4th Feb, 2019, at Rs 22.3 (88 % decline).

The second company mentioned in the newsletter, Sahyadri, was at Rs 292 on Jan 5th, 2018. It went up to 314 but since then has declined to 170. (41 % decline).

So if your portfolio consisted of these 2 companies (equal shares of each), your portfolio would have lost 60 % of its value as of today!

And profiquity threatens me with legal action. Nishant, this blog is still waiting to hear from you regarding the legal proceedings you threatened.


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Want to make money in the stock market?

Then check the websites below.




The most important advice to make money in the stock market

http://www.safalniveshak.com/

Moneylife Magazine  (Paid magazine)

http://moneylife.com


Sanjay Bakshi, a successful value investor

https://fundooprofessor.wordpress.com/


Rakesh jhunjhunwala

http://rakesh-jhunjhunwala.in/


Capital Ideas online Value investor Chetan Parikh

http://capitalideasonline.com/wordpress/

Fraud: AVOID Crazysoft,in

DO NOT TRUST THEM. AVOID.

They do not have any SEBI registration number.

Examining their website, it's some random wordpress website.

No contact details, beyond one mobile number. 

They claim to provide trading signals through their software.

However, I guarantee you that you WILL lose your money if you trade with crazysoft.

INVEST YOUR MONEY, DON'T TRADE!

Want to make money in the stock market?

Then check the websites below.




The most important advice to make money in the stock market

http://www.safalniveshak.com/



Sanjay Bakshi, a successful value investor

https://fundooprofessor.wordpress.com/


Rakesh jhunjhunwala

http://rakesh-jhunjhunwala.in/


Capital Ideas online Value investor Chetan Parikh

http://capitalideasonline.com/wordpress/


Basant Maheshwari, Value investor


http://www.theequitydesk.com/

RED FLAGS

I checked our their website and there is no information 
. 

No details on

-who the team is

-what is their experience

-where have they learnt their investment trade

-why should I trust their advice

-where is their office
-what are their contact numbers?
-SEBI registration number

Their WHOIS data (no details either)

Domain Name: CRAZYSOFT.IN
Registry Domain ID: D414400000003887862-AFIN
Registrar WHOIS Server:
Registrar URL:
Updated Date: 2018-04-17T14:21:24Z
Creation Date: 2017-04-18T10:11:10Z
Registry Expiry Date: 2019-04-18T10:11:10Z
Registrar Registration Expiration Date:
Registrar: Endurance Domains Technology LLP
Registrar IANA ID: 801217
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone:
Reseller:
Domain Status: clientTransferProhibited
Registrant Organization: N/A
Registrant State/Province: Karnataka
Registrant Country: IN
Name Server: NS1.CRAZYSOFT.IN
Name Server: NS2.CRAZYSOFT.IN
DNSSEC: unsigned
URL of the ICANN Whois Inaccuracy Complaint Form https://www.icann.org/wicf/)
>>> Last update of WHOIS database: 2018-09-04T06:34:58Z <<<



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These frauds think it is OK to spam you on whatsapp. (message is below)

Trading is not only about buying low and selling high. Most of the time we buy low and miss the big move because our stoploss triggers. We then never enter in the trade because of fear of losing again. We have developed a software which identifies when most of us enter in a trade and the stoploss is taken away. Our software identifies these killing zones and initiates a buy or sell signal. To know more about this strategy call us at 7032032894. www.crazysoft,in

We have an excellent software that gives buy and sell signal based on shakeout strategy. It identifies high probability trade setup based on our strategy. Www.crazysoft,in

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