šØ Trade Power, Mahalaxmi Trading Busted for Illegal Stock Market Operations ā BSE Rings the Alarm Bell!
š At a Glance: The Bombay Stock Exchange (BSE) just dropped a nuclear-grade caution alert for retail investors. Two shady platforms ā Trade Power and Mahalaxmi Trading ā have been caught red-handed peddling illegal trading apps, fake stock tips, and possibly “guaranteed return” dreams. Spoiler alert: they’re not even authorized BSE members.
These guys run WhatsApp groups, dodgy Facebook pages, and shady APK trading apps outside SEBI oversight ā the classic signs of a “dabba trading” operation.
š§Ø Wait, What Is Dabba Trading?
Think of it like cricket betting ā off the books, no accountability, and high chances of you getting bowled out.