NEW DELHI: NSE Clearing Ltd, an arm of National Stock Exchange (NSE), on Sunday cautioned investors and clearing members against fake communication pertaining to unfreezing or making demand for funds directly from investors.
These fake circulars and letters, featuring the unauthorized use of NSE Clearing’s logo and letterhead, have been circulating, asking individual investors to make payments concerning their allegedly frozen investment accounts.
The fraudulent circulars issued on NSE Clearing’s behalf provide misleading links to unfreeze accounts, raising concerns that they are part of a scam designed to defraud unsuspecting individuals, the clearing firm said in a statement-PTI