Cheating is a one sided affair this is a case of setting up deals based on mutual mistrust.The investor seeking advice is not always a fool that they don't know it is not possible to get guaranteed returns.There is no such thing as guaranteed return in this area.
But not many like to believe it so stories are presented in a twisted format.
Yes........the stories are twisted and misrepresented. Do you know the fact who is the final beneficiary? It is always (ALWAYS) the Tips Advisories. It is not a bold claim to misguide. I never benefitted even with a single Tips advisory inspite of trying with many of them. I should have been, atleast with one of them going by the odds of lottery to be the least. Clearly odds are stacked against the people who are being cheated.
These advisories are adopting an illegal and unethical practice to loot the innocent. The route they are adopting is "Unfair Trade Practice" as defined in Consumer Protection Act.
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"Unfair Trade Practice" means a trade practice which, for the purpose of promoting the sale, ............or for the provision of any service, adopts any unfair method or unfair or deceptive practice including any of the following practices, namely;—
(1) the practice of making any statement, whether orally or in writing or by visible representation which,—
.......falsely represents that the services are of a particular standard, quality or grade; (Examples : 95% accuracy, No Loss Calls, Sure Shot Calls, Profit Everyday System)
........represents that the services have .......... performance, characteristics, accessories, uses or benefits which such services do not have;
......makes a false or misleading representation concerning the need for, or the usefulness of, any services; (Example :- The need of the traders is to survive and make money. They mislead to believe there is a need for the services to profit in the market)
......gives false or misleading facts disparaging the ....., services or trade of another person. (Examples : Putting up false past performance reports on their web sites, false appraisals of the services or products)
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The Law is very clear on this malpractice, but unfortunately the enforcement is not strong enough to put these cheaters behind bars.