The Bombay Stock Exchange (BSE) in an official notification has issued a caution against “some fake, unauthorised and fraudulent videos and audios created through innovative and ingenious technology impersonating BSE’s Managing Director and Chief Executive Officer, Sundararaman Ramamurthy”.
It says certain audio and video files are being circulated on social media recommending certain investments and advisory in stocks/shares.
It is important to note that the BSE MD & CEO does not initiate or endorse any such communication via Facebook or any other social media platform.
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BSE has also advised investors/public not to trust such videos and audios and not to follow fake recommendation/unsolicited communication circulated through deceptive means impersonating the MD & CEO.
In fact, the stock exchange state it will initiate all possible steps to prevent misrepresentation by unknown elements.
In the meantime, investors/public are urged not to join any group on social media platform impersonating BSE or its officials and also not rely on any stock/share recommendation.
BSE has also advised investors/public to exercise caution and not to engage or re-circulate such fraudulent messages and not to share any personal and/or confidential information, financial or otherwise.
The bourse has advised investors/public to verify the source of communication before making their decisions. As per the law, BSE employees are not permitted to recommend dealing in/or promote any transactions in stocks/shares. Come from Sports betting site VPbet