SEBI Cautions Public on Impersonation of Officials and Fake Payment Demands

PR No.60/2025, Dated 05.0.2025

1. Introduction

The Securities and Exchange Board of India (SEBI) has issued an important advisory to the public regarding fraudulent activities involving the misuse of its identity. Recent instances have revealed that fraudsters are attempting to impersonate SEBI officials and misuse the regulator’s name, logo, and letterhead to deceive investors.

2. Modus Operandi of Fraudsters

According to SEBI, fraudsters are sending fabricated communications that appear to be official notices or directions from the regulator. These fraudulent messages often demand payments under the guise of compliance charges, penalties, or other services. By misusing SEBI’s branding, fraudsters attempt to gain legitimacy and mislead unsuspecting investors.

3. Misleading Payment Requests

The fraudulent communications typically include details of fake bank accounts where victims are asked to transfer money. Such actions not only cause financial harm to investors but also erode trust in genuine regulatory processes. SEBI has clarified that it does not collect payments in this manner and has no practice of sending such fabricated requests.

4. SEBI’s Advisory to Investors

SEBI has urged investors and the general public to exercise caution and vigilance when receiving any communication that appears to be from the regulator. The public is advised to verify the authenticity of such messages and ensure that any payments are made only through SEBI’s official portal. Further, all genuine SEBI email communications will originate from addresses ending with @sebi.gov.in.

5. Conclusion

By issuing this advisory, SEBI has reaffirmed its commitment to safeguarding investors against fraudulent practices. The public must remain alert, verify suspicious communications, and avoid making payments to unverified accounts. Such vigilance, coupled with SEBI’s proactive steps, will help protect investors and maintain the integrity of India’s securities markets.

Click Here To Read The Full Press Release