Coimbatore Economic Offenses Police said:
You can invest only in SEBI approved financial institutions. The names and addresses of the registered financial institutions are listed on the Reserve Bank website.
Share trading demat account password should not be disclosed to anyone. Do not trade shares in other people’s accounts. Do not allow others to trade shares on your account.
n Don’t believe government banks, commercial banks, if they claim to give higher interest rates than the post office.
n Giving gifts or incentives to obtain deposits is prohibited by law. Companies that provide such are fake. Don’t believe the claims of doubling your money in a short period of time.
Those joining the n month installment housing plot should inquire whether the plot is in the name of the promoters and whether there is permission from the local planning committee.
n Entrants for monthly tickets, auction tickets etc. should inquire from the ticket operator whether they have obtained permission from the district registrar.
Thus, the police said.
‘Call us!’
Coimbatore Economic Offenses Division DSP Arun said, “The work of arresting and prosecuting fraudsters is going on as usual. We are also engaged in creating awareness among the public about fraud. If you have any information about financial fraud, you can immediately report it to the Economic Crimes Police. Complaints can be reported on the phone number 0422 – 2217271 and [email protected],” he said.