Protect Yourself from Scams & Fraudulent Schemes
Guaranteeing returns in the stock/securities market is prohibited by law. INDmoney is committed to your safety. Learn how to identify ongoing scams, avoid potential fraud, and safeguard your investments.
Important Things To Remember
INDmoney has NOT authorized any individual, organization, or entity to collect funds or solicit investments on its behalf.
BEWARE of impersonators using INDmoney's name to lure you into easy money-making schemes.
NEVER make payments to unauthorized accounts and only invest via official INDmoney channels.
In today’s fast-paced digital world, fraudsters are constantly finding new ways to trick unsuspecting investors. Even a small mistake made in a hurry—like clicking on a suspicious link or trusting an unverified promise—can lead to significant losses. That’s why it’s crucial to stay vigilant and protect yourself. If something feels off or too good to be true, trust your instincts and verify first. If you find anything suspicious, immediately file a complaint through the National Cyber Crime Reporting Portal (NCRP) online at cybercrime.gov.in or call the national helpline number 1930. We’re also here to help—please report any suspicious activity immediately by emailing us on reportfraud@indmoney.com.
How Do Fraudsters Scam You?
Fake Promises & Impersonation
Keep an eye on impersonators promising high returns on "upper circuit stocks," "block deals," and "guaranteed IPO gains" with fake credentials, screenshots and more.
Offer Assured Gains at ZERO Risk
Luring you into transferring cash by promising guaranteed returns via schemes like Cheetah Plan, Cheetah Project, Cheetah Phase, x88 etc.
Untrusted Apps
Scammers assure extremely high returns, asking you to download APKs or apps from unverified links, carefully designed to mimic the real experience.
How to Identify the real INDmoney App?
The INDmoney and INDstocks apps are available only on Google Play Store and Apple App Store. To verify that you’re downloading the real INDmoney app, ensure to - carefully read the reviews and ratings, research the developer's name, check the app's permissions, look for any grammatical errors in the description, and verify if Google Play Protect flags the app as potentially harmful.
How to Identify the official INDmoney website?
The ONLY official INDmoney website is www.indmoney.com. Other websites claiming to be INDmoney main/fast/sub-accounts by primary market makers are NOT associated with INDmoney in any capacity.
How to Identify the real INDmoney WhatsApp Profile?
INDmoney has the following business accounts i.e. 9355038058, 9035004765, 9990045916. Outside of this, INDmoney does not have any account/groups/broadcast channels that guarantee returns. INDmoney will never ask you for personal information/OTPs/cash transfers to personal accounts for a “faster” setup.
How to Identify INDmoney's WhatsApp Community?
INDmoney has a WhatsApp Community called INDstocks Inner Circle. Outside of this, INDmoney does not have any other community. INDmoney will never ask you for personal information/OTPs/cash transfers to personal accounts for a “faster” setup.
How to Identify INDmoney's verified Social Media Platforms
Make sure to subscribe/follow INDmoney on Instagram, LinkedIn, Twitter, YouTube, Facebook, Reddit only via our verified accounts. Make sure you look for a blue verification checkmark, analyze the profile picture for authenticity, check for consistent branding across platforms and verify the account handle against our official website www.indmoney.com and www.indstocks.com
Important Note
We’ve recently seen an alarming rise in fraudsters impersonating our Founder, Ashish Kashyap, and misusing the INDmoney name to promote fake investment schemes. These scams are designed to mislead and manipulate investors.
Let us be clear: INDmoney, its Founder, or any member of our team is in no way connected to these messages, groups, or offers. We do not promote guaranteed returns, special IPO access, etc, or operate through WhatsApp/Telegram and or other social groups/channels.
The screenshots below are examples of such fraudulent activity. Please stay alert and protect yourself and others in your network from such deceptive practices. If you see anything suspicious, report it immediately to: reportfraud@indmoney.com.
List of Fake Accounts, WhatsApp Groups & Individuals Impersonating INDmoney
The below mentioned fake accounts have been created with names designed to
resemble INDmoney. We have identified several such groups and individuals, but there could be many more. Stay vigilant and always verify before engaging.
List of Fake WhatsApp / Telegram Groups
| 1 | A-74 Indmoney Private Limited Wealth Management | 2 | A-42 Indmoney Private Limited Wealth Management Study Group | 3 | C-337 Indmoney Private Limited |
| 4 | C-412 Indmoney Private Limited wealth management study group | 5 | C-413 INDmoney Private Limited | 6 | VIP Stock Navigation |
| 7 | VIP Wealth Prosperity | 8 | Ravi Saraogi Indmoney Group Advisor | 9 | Cheetah Plan: Ravi Saraogi (+91 9263650687), Mr. Jay Rajnikant Thacker (+91 6201424234) |
| 10 | IND MONEY CHEETAH PLAN 5 run via httpswww.be002daefe.com | 11 | 871 Cheetah Plan Phase 5 run via http://ce003daefe.com/ | 12 | Y(3) Stock Market Navigator |
| 13 | Z4 Gold Stock Wealth Appreciation | 14 | CT102 INDmoney | 15 | Z2 Gold Stock Wealth Appreciation Group |
| 16 | VIP7 Gold Internal Learning Exchange Group | 17 | STOCK MARKET TIPS and STRATEGIES - A2 | 18 | X3 Wealth Growth Circle |
| 19 | Cheetah Program Trading Signal Internal Notification Group No.62 | 20 | INDmoney Cheetah project Trading Signal internal notification group | 21 | +62 856-4156-4041 ( in Unknown Group Admin on the website) |
| 22 | Vip506 Stock Picks & Analysis Group | 23 | IND Trading Group | 24 | WhatsApp Group - 15 VIP BULL STOCKS ELITE TEAM |
| 25 | Future Wealth Explorers Q | 26 | Q2 Equity Elite Exchange | 27 | X2 Bull Stock Exploration Group |
| 28 | Innovation Learning Circle | 29 | VIP8 | 30 | The Value Den 101 |
| 31 | INDMONEYPRIV | 32 | Strategy Sharing | 33 | Equity Inside India |
| 34 | Success Start here | 35 | Financial Freedom Forum 61 | 36 | (U2)Financial Group |
| 37 | S28 Leading Market Trend Strategy | 38 | The Value Den | 39 | Equity Insight India |
| 40 | INDMoney Trading Club | 41 | Strategy Sharing | 42 | 28 Lending Market Trend Strategy |
| 43 | Silent Curve | 44 | Bull Market Research Insights | 45 | Amar-203 |
| 46 | VIP809 | 47 | Between Red and Green | 48 | Rising Step by Step |
| 49 | Advisory Group 111 | 50 | Study Hard 👏👏👏 | 51 | Consulting 777 |
| 52 | TVIP1 Internal Trading Hub | 53 | VIP7688 | 54 | Future Unlimited Exchange Group 66 |
| 55 | 666Navigator | 56 | Z(2) Financial Think Tank | 57 | 87 BSE&NSE Federated Learning |
| 58 | 865 VIP | 59 | 191 Capital Management Group | 60 | T511-Green Horizon |
| 61 | 871-Private Groups | 62 | 111 Beyond the Peak | 63 | VIP 1:1 Wealth Partner Circle -666 |
| 64 | Bull Market Vanguard | 65 | GrowTogether Traders | 66 | INDMoney Investment Group |
| 67 | INDMONEY MONEY HELP | 68 | vip306 | 69 | V19 Wisdom grand winner |
| 70 | VIP4001 | 71 | Seek advice humbly club | 72 | VIP service |
| 73 | V19 Wisdom Grand winner | 74 | Bazaar Ki Baat | 75 | V101 Wisdom Grand Winner |
List of Individuals Impersonating INDmoney
| Name | Claimed Role | Associated Phone Numbers |
|---|---|---|
| Ravi Saraogi | Investment Advisor | 9263650687, 8125953854, 8409238599 ,7635036173, 6205623212, 6203267637 |
| Jay Rajnikant Thacker | Chief Analyst | 6201424234, 9241800172, 9229931198, 9608487552, 9060639345, 8797168239, 8092739305, 8789574540, 7033146713 |
| Rama Sheth | Marketing Specialist | 8149639485, 7395978279, 9039013212, 8008236751, 7249538781, 8926125604, 7842791043, 7418821768, 8109968638 |
| Rohan Mehta | Financial Advisor | 7028623614, 7248918350, 9557518452, 7387794629, 8149639485, 903974482, 7028616418, 8870469204 |
| Mayank Singh Chandel | Not Specified | 8603043773, 8538981635, 7856903155, 8207671037, 9608684730, 9035380912, 7050400129, 7367811329, 8102241215, 8602367689, 8797262610 |
| Armaan Goenka | Customer Service/Account Opening Specialist | 8982072425, 7285994136, 9959252263, 9790349699, Bank: Yes Bank, A/C: 126452000002024 |
| Preeti Attri / Artti | Kunal Patil's Assistant | 8982729623, 7702519631, 9662528871, 9028588636, 7060758116, 9661643562, 8126089122 |
| Kunal Patil | Not Specified | 9558312009, 7032059277 |
| Saigi Jacob Palatty | Finance Department | 8100312565, 7366096034 |
| Shailja Paik | Dakshi Agarwal's Assistant | 7815929087, 9032596418, 9389230932, 7377076871, 7219697019, 8439321047 |
| Dakshi Agarwal | Not Specified | 8978445879, 7093952295 |
| Sowmya Sasun | Not Specified | 8428795558, 7709451368, 991256489, 7081958898, 9136413932, 8904339478, 8584053036, 9121730997, 7249418995, 7478326885, 7750885039, 8856839487, 8434496210, 7901835745, 9872389849, 8670740667, 82893388247, 8968519561, 8827689027, 9581125137, 7400633938,7075341182, 9160527844, 8735048565, 8669197114, 9579676747, 7363967624, 7682895778, 7050544098, 8225861151, 8652760152, 7310702987 |
| Isha Aurora | Not Specified | 8300514586, 9583722554, 9583818063, 7418285106, 8754062991, 8529436733 |
| Other Named Individuals | Various | Ambareesh Baliga, Shardul Jani, Web Assistant (8127766408), Financier Mobile (9142536255), Lakhan Mehra Associate (7477072640), Divya Sharma Associate (9573378754), Amaresh Das Associate (9988466402), Amrit Singh (7357793949), Rama (8427634072), Rohit Pioneer (91 0 4633 758), Nisha Patel (8264452146), Ajay Krishna (8002902724), Rama Ismail (9558485352) |
| Unknown/Unidentified | Group Admin / Not Specified | +62 856-4156-4041, 9558065972, 7387004098 ,7903179885, 6385664504, 9972663942 ,7250853954, 8409542826, 9942380583, 9993094517, 9229898708 ,9972663943, 8292047966 ,9229805250, 7061063540, 9032654809, 8438509895, 7304515668, 9748990754, 8463986268, 9121730997, 7841995139 ,8122992645 ,9133602375, 7368852066, 8143296937, 9679130482, 9589933294, 7386043926, +1(332)2888319, 7837100953, 9062688601 ,7599949112, 7347574839 ,8735890269 ,9452279832 ,7680035631, 7696882219, 9179243494 ,9960621373, 9601577010, 9601191701, 9042360559, 7901898257, 7261891406, 8114321575, 7340163501, 7795064537, 8003005503, 8605389793, 9731773164, 8008064467, 8109879385, 8962057524,+917357972316, +918541093113, +91 79018 98257,+91 82933 88247,+91 89685 19561,+91 88276 89027,+91 72618 91406,+1 (559) 469-1637,+971 5490 25302,+91 82352 91791,+91 81098 79385, +91 8008064467, +91 8109879385, +91 86707 84197, +91 86708 83380, +91 72757 27492, +91 82839 23716, +91 88531 31372, +91 8670883380, +91 8670784197 |