BSE cautions investors against fake sm accounts

Mumbai: The Bombay Stock Exchange (BSE) on Friday warned investors about miscreants using BSE’s officials’ photos to create fake social media IDs to spread misleading wealth advisory. “It has come to the attention that photos of senior BSE officials are being used to create fake social media IDs. The IDs created claim to provide a wealth advisory solution to mislead gullible investors,” the stock exchange said in a statement. BSE officials are allowed to initiate or endorse any wealth management or advisory services in any capacity; however, investors should not to misguided by such fake misrepresentations.”