BusinessPhoto: News18Hi BusinessStockal Securities Scam: Over ₹100 Crore Lost in Unauthorized US Share Sales
Around 30 Indian investors allege losses exceeding ₹100 crore in a trading scam linked to Stockal Securities. On October 15, their US shares were sold without permission, and the proceeds were used to buy shares of a low-trading Chinese company. One investor has filed complaints with SEBI and the US SEC, while another has lodged an FIR.
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