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Sebi warns investors of fake STT payment notices and unregistered account handlers.
The Securities and Exchange Board of India (Sebi) has warned investors about fake notices demanding Securities Transaction Tax (STT) payments, using forged letterheads and logos.
Sebi clarified it does not issue such notices, as STT is automatically deducted by brokers during trades.
Fraudsters are impersonating regulators via fake emails and letters to steal money.
Sebi also cautioned against unregistered "account handlers" promising high or risk-free returns, often requesting full access to trading accounts.
The regulator urges investors to verify entities through official channels and use only Sebi-registered intermediaries.
Sebi advierte a los inversores de las notificaciones de pago STT falsas y de los administradores de cuentas no registrados.