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JACKPOT CRUDEOIL TIPS. NO.1 EXPERTS IN CRUDEOIL. CALL 9909501684. VISIT WWW.CRUDEHUNTER.COM
- Thread starter crudehunter
- Start date
Dhruv Bindhani
Active member
This post from May 16, 2020, is another highly aggressive advertisement for a crude oil trading tips service, making extremely bold and unrealistic claims about profits and accuracy.
Here's a breakdown of the advertisement:
- Date of Post: May 16, 2020
- Company/Service Name: Not explicitly named, but uses "CRUDEHUNTER.COM" as its website and refers to themselves as "NO.1 EXPERTS IN CRUDEOIL."
- Claims:
- "15/MAY PROFIT 53000 RS IN CRUDEOIL."
- "SURE SHOT CRUDEOIL TIPS."
- "ONLY JACKPOT CRUDEOIL SERVICES."
- "DAILY BULK PROFIT."
- "NO LOSS, ONLY PROFIT."
- "ONLY SINGLE TGT CALL, SO NO CONFUSION WHERE TO BOOK." (TGT likely stands for Target)
- Call to Action: Call 09909501684 or visit WWW.CRUDEHUNTER.COM
Similar to the previous crude oil tips advertisement, this one exhibits numerous red flags that are characteristic of unregulated and potentially fraudulent or highly misleading financial tip services:
- "NO LOSS, ONLY PROFIT" and "100% Guaranteed Profit" (Implied): This is the most significant and immediate red flag. In any legitimate financial market, especially in volatile commodity futures like crude oil, losses are an inherent part of trading. No one can guarantee profits or promise "no loss." This claim alone indicates a scam or highly deceptive marketing.
- "SURE SHOT TIPS" and "JACKPOT SERVICES": These phrases are designed to appeal to individuals seeking quick, easy wealth, which is an unrealistic expectation in trading. Legitimate financial advice emphasizes risk management and realistic returns, not "jackpots."
- High Daily Profit Claims (e.g., ₹53,000): While individual profitable trades can occur, claiming consistent "DAILY BULK PROFIT" of such magnitudes without any risk or loss is not sustainable or credible. It's often used to create a sense of FOMO (Fear Of Missing Out).
- "NO.1 EXPERTS" / "NO ONE MATCH OUR ACCURACY": These are unsubstantiated, self-proclaimed titles. Without independent verification or regulatory oversight, such claims are meaningless.
- Simplified Trading Process ("ONLY SINGLE TGT CALL, SO NO CONFUSION"): While clear instructions are good, simplifying trading to this degree can be misleading. Successful trading often requires understanding market context, stop-loss management, and adapting to changing conditions, not just a single "target" that's always met.
- Lack of Regulatory Compliance (in India): In India, providing investment advisory services for commodities (like crude oil traded on MCX) requires registration with the Securities and Exchange Board of India (SEBI) under the SEBI (Investment Advisers) Regulations, 2013, or SEBI (Research Analysts) Regulations, 2014. SEBI-registered entities are prohibited from guaranteeing returns, promising "sure shots," or making misleading claims about accuracy. A service making these aggressive claims is highly unlikely to be SEBI-registered and compliant. SEBI actively penalizes entities for providing unregistered advisory services.
- Avoid at all costs: Do not engage with services that promise "no loss," "guaranteed profits," or "sure shot" returns. These are classic signs of investment fraud.
- Verify SEBI Registration: For any investment or trading advisory service in India, always check if they are registered with SEBI. You can do this on the official SEBI website. If they are not listed, they are operating illegally.
- Understand the Risks: Trading in commodity derivatives like crude oil futures is inherently risky due to high volatility and leverage. You can lose more than your initial investment.
- Be Skeptical of Unsolicited Offers: Be wary of calls, SMS, or online ads that aggressively push high-return, low-risk investment opportunities.
- Seek Legitimate Advice: If you are interested in commodity trading, consult with a SEBI-registered investment advisor or broker who provides balanced information, discloses risks, and focuses on long-term strategies and risk management.