I have same fate.from starting I was in doubt.So I have invested less inspite of their pressure to deposit more.During deposit they are frequently changing their bank ac.After considerable amount of deposits from us they freezed those acs and opening new acs for fresh transactions. I deposited 2lacs paid 24000 as annual service fees .My amount increased to 22lacs.They ask for 18% sebi tax on total amount which created doubt in me.SovI ask for part withdrawal.They insisted to deposit tax to the tone of 4 lacs ,then
withdrawal could be made.I refused ask for first withdrawal then tax deposit.That bloody rascal pseudoname Rajat ,Lata etc pressuring for tax.All these happened within last 3-4 days.Now they areplaying a trick by freezing my trading app.
Anyway their accurate predictions on uc stocks has made positiveness and we are bound to belief.They are expert in stock trading and might be in association of stock matketing companies .They are using logos of upstocks .So they may be present /former employees/executives from Upstocks.Similarly another group is active in name of smc.So upstock should investigate on the matter for the reputation and restoration offaith on it. They are vehemently running group without fear.So there might be support from inner circle.
Hence I earnestly request the UPSTOCKS to inquiry into the matter and culprits be booked and innocent people should be prevented from cheating.
We are very sorry to hear this @kbd. Upstox does not operate any WhatsApp groups. Also, the names that you mentioned are not affiliated with us.
You can report any suspicious activity by sending us an email at: cybersafety@upstox.com and we strongly recommend that you report this to the Cybercrime Department immediately. Hereās the link for the same: https://cybercrime.gov.in/Webform/Crime_AuthoLogin.aspx
I am also lost 90 lakhs
Upstox only pay all the money
Without your knowledge they wonāt run the group
let us know what actions are taken by Upstox, how come upstox is quiet when Mr Chopra is using all official credentials of Upstox ā¦ they (upstox) should publicly deny such things thru television channes like zee business and newspapers and even i suggest thru facebook ā¦ Unless this is done by upstox, people will not come to know about this very very big scam ā¦ Recently, Zerodha has published msgs to their users regarding such scams are going on . if they can send cautious msgs to their users, why upstox is not taking any steps? It is really doubtful if its own employees and officials are involved into this ā¦ Its a big surprise that upstox still allows Mr rajat chopra to use official address, phone nos, and real time app. Really really surprising !!! want actions by upstox , do something and help peopleā¦
Hello @Shubh_P,
Weāre sorry for the experience you encountered. At Upstox, customer security and trust are our top priorities. Weāve built a robust tech infrastructure to ensure your wealth and data always remain protected. Unfortunately, with the increasing adoption of AI and other technologies, weāve observed recurring attempts by individuals across industries and sectors to impersonate brands and defraud the public.
To safeguard against these fraudulent activities, Upstox urges all individuals to exercise caution and remain vigilant. Common tactics include fake social media accounts, apps, WhatsApp groups, and websites falsely claiming to represent Upstox or offering educational courses, investment tips, and guaranteed returns. Our teams are actively working to crack down on these scams.
Upstox has issued public warnings and awareness communications targeting both Upstox customers and the broader public. You can view some of these warnings in the following news publications and social media platforms:
- Upstox cautions investors of impersonation scams using AI; 5 crucial measures to safeguard your investments - The Economic Times
- Scam alert: Upstox warns investors against cyber fraud, Check details | Personal Finance - Business Standard
- https://www.moneycontrol.com/news/business/personal-finance/investors-beware-upstox-cautions-against-imposters-luring-customers-12766087.html
- x.com
- x.com
- x.com
- Upstox on Instagram: "What do you say to scammers? Not today. Not any day. . . . #scamalert #scammers #fake #stockmarkets #alert"
We urge all investors to conduct transactions only through official channels and take the following precautions:
Doās
Transact only via our official app/website
Report and block suspicious accounts immediately
Regularly update your passwords and ensure they are strong
Verify all details before transferring money to anyone
Donāts
DO NOT trust random financial advice
DO NOT click on unfamiliar links
DO NOT share your portfolio, bank details, or OTP with anyone
DO NOT join groups or communities claiming to be Upstox without verifying its authenticity
If you are a victim of the impersonation fraud, we strongly encourage you to immediately report it to local police authorities and file online complaint on the National Cyber Crime Reporting Portal (https://cybercrime.gov.in/), providing details of the impersonators such as email addresses, phone numbers, or any other communication methods used to perpetrate the fraud.
Upstox takes the safety and security of its customers very seriously. Weāre committed to providing a secure investment environment**.** Remember, Upstox and its representatives will never ask you to transfer money via any link or make cash payments. Always refer to our official communication channels, which you can find on our website: https://upstox.com/. Promptly report any suspicious activities to us at cybersafety@upstox.com.
Weāre sorry for the experience you encountered. At Upstox, customer security and trust are our top priorities. Weāve built a robust tech infrastructure to ensure your wealth and data always remain protected. Unfortunately, with the increasing adoption of AI and other technologies, weāve observed recurring attempts by individuals across industries and sectors to impersonate brands and defraud the public.
To safeguard against these fraudulent activities, Upstox urges all individuals to exercise caution and remain vigilant. Common tactics include fake social media accounts, apps, WhatsApp groups, and websites falsely claiming to represent Upstox or offering educational courses, investment tips, and guaranteed returns. Our teams are actively working to crack down on these scams.
Upstox has issued public warnings and awareness communications targeting both Upstox customers and the broader public. You can view some of these warnings in the following news publications and social media platforms:
- Upstox cautions investors of impersonation scams using AI; 5 crucial measures to safeguard your investments - The Economic Times
- Scam alert: Upstox warns investors against cyber fraud, Check details | Personal Finance - Business Standard
- https://www.moneycontrol.com/news/business/personal-finance/investors-beware-upstox-cautions-against-imposters-luring-customers-12766087.html
- x.com
- x.com
- x.com
- Upstox on Instagram: āWhat do you say to scammers? Not today. Not any day. . . . #scamalert #scammers #fake #stockmarkets #alertā
We urge all investors to conduct transactions only through official channels and take the following precautions:
Doās
Transact only via our official app/website
Report and block suspicious accounts immediately
Regularly update your passwords and ensure they are strong
Verify all details before transferring money to anyone
Donāts
DO NOT trust random financial advice
DO NOT click on unfamiliar links
DO NOT share your portfolio, bank details, or OTP with anyone
DO NOT join groups or communities claiming to be Upstox without verifying its authenticity
If you are a victim of the impersonation fraud, we strongly encourage you to immediately report it to local police authorities and file online complaint on the National Cyber Crime Reporting Portal (https://cybercrime.gov.in/), providing details of the impersonators such as email addresses, phone numbers, or any other communication methods used to perpetrate the fraud.
Upstox takes the safety and security of its customers very seriously. Weāre committed to providing a secure investment environment**.** Remember, Upstox and its representatives will never ask you to transfer money via any link or make cash payments. Always refer to our official communication channels, which you can find on our website: https://upstox.com/. Promptly report any suspicious activities to us at cybersafety@upstox.com.