Fake telegram channel who says he works on Account Management by 50:50 profit sharing basis

Name of Complainant Shilpa Shree
Date of ComplaintJuly 31, 2023
Name(s) of companies complained against
Category of complaint Investments
Permanent link of complaint Right click to copy link
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Text of Complaint by Shilpa Shree:

An individual by the name of Manish Prajapathi, who operates a Telegram channel under the name “King of Stock Market is running a fraudulent scheme, and I wish to bring this to your attention for appropriate action.

I became a part of this channel, currently boasting 72,528 members, with the understanding that Mr. Prajapathi was offering Account Management services on a 50:50 profit-sharing basis. Initially, profits were reported, and I was asked to pay my share of the profits as per the agreement. However, I was later coerced into investing more money, only to see the account eventually drained to zero.

I am concerned that many others may fall victim to this deceptive practice, and I kindly request your urgent intervention. Here are the details for your reference:

Name: Manish Prajapathi
Contact: 83031 21863
Telegram Channel Name: King of Stock Market
Members: 72,528

Please investigate this matter promptly to prevent further potential harm to innocent consumers.

Image Uploaded by Shilpa Shree:

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