Shriram Insight
We checked Shriram Insight against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Shriram Insight claims to be a retail broking arm of the Shriram Group Chennai, which has authorizations and memberships in multiple authorities, including: 1) The Securities and Exchange Board of India (SEBI); 2) The National Stock Exchange of India Ltd (NSE); 3) The Multi Commodity Exchange of India Limited (MCX); 4) The formerly Bombay Stock Exchange (BSE). However, none of the above authorities is forex regulator that issues licenses for forex trading or regulates entities engaging in forex. The truth is, Shriram Insight is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Shriram Insight.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.