*Titan Capital Market Scam Alert*
*Allegations:*
1. Titan Capital Market, in partnership with Wickyfx, allegedly looted ₹100 billion (~$1.3 billion USD) from Indian investors.
2. Scheme: Cryptocurrency MLM (Multi-Level Marketing) with promises of unusually high returns.
*Red Flags:*
1. Unregistered investments
2. Lack of transparency
3. Pressure to invest quickly
4. Unverified or fake credentials
5. Emphasis on recruitment over product value
*Report and Take Action:*
1. File complaints with:
- Economic Offences Wing (EOW), India
- Securities and Exchange Board of India (SEBI)
- Reserve Bank of India (RBI)
- Cyber Crime Reporting Portal (cybercrime.gov.in)
2. Contact local police and file an FIR
3. Reach out to Indian consumer forums (e.g., Consumer Complaints Forum)
4. Warn others on social media and online platforms
*Wickyfx Connection:*
1. Wickyfx allegedly partnered with Titan Capital Market.
2. Research Wickyfx's legitimacy and reputation.
*Cryptocurrency MLM Warning Signs:*
1. Promise of unusually high returns
2. Complexity and lack of transparency
3. Emphasis on recruitment over product value
4. Unregistered investments
5. Pressure to invest quickly
*Stay Safe:*
1. Verify investments with regulatory bodies.
2. Research companies thoroughly.
3. Be cautious of unrealistic promises.
*Resources:*
1. SEBI's Investor Education Website ((link unavailable))
2. RBI's Caution List ((link unavailable))
3. Indian Government's Scam Reporting Portal (pgportal.gov.in)
Report suspicious activities and stay informed!