Thursday, April 21, 2011

Stock Guru India 100% Scam

Stock Guru India 100% fake or a scam I dont know for sure, but they have not clearly stated what they do clearly on the site and somethings are suspecting about them.

And anyways one should not hand over cash/investment to any third person unless a reputed investment bank/mutual fund or registered experienced hedge fund..

If in doubts, stay away to be safe ..
 
Its a scam. Stay away. It is a tyipical High Yield Investment Program (HYIP), and 99.99% of HYIPs end up being scams.

When looking at a managed investment, make sure that the trader is not also the custodian of your funds. In a legitimate managed investment account, the professional trader is not related to the brokerage firm you chose for hosting your managed account. That is how you avoid such Ponzie schemes.

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