Investment advisor explains how ‘free’ stock tip groups scam people
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar explained in a LinkedIn post, cited by the outlet, how such groups lure young investors, and cautioned that nobody hands out stock tips for free out of goodwill.
More of Abhishek's views on choosing an adviser
The article describes how free stock tip groups on messaging apps run pump-and-dump schemes. Operators buy a thinly traded stock, push it across groups until prices rise, then sell to the late buyers and block members who complain. It urges first-time investors to rely on planning and discipline instead of tips.
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Investment advisor explains how ‘free’ stock tip groups scam people