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There are no shortcuts to making money

Investing on SMS tip or in a fixed deposit offering high-interest are common follies of investors

mutual fund, investment, money, PF, income, digital,

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Last Updated : Aug 17 2017 | 12:14 AM IST

Dealing with financial frauds has become a way of life with many investors. One has to check and cross-check every detail before committing oneself to any investment decision, and it is not just restricted to equities.

Sample this: Recently, the Securities and Exchange Board of India (Sebi) banned trading in 331 shell companies. While the decision on some of these companies are going through the scrutiny of the appellate body — the Securities Appellate Tribute or SAT — clearly, a majority of these companies have not been able to satisfy the regulator’s conditions.

And that’s not all. The market regulator

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