Konebhar6 Posted May 23 Report Share Posted May 23 To report a fraudulent investment scheme to the U.S. Securities and Exchange Commission (SEC), you can submit a Tip, Complaint, or Referral (TCR) online at https://www.sec.gov/tcr/. You can also call the SEC's toll-free investor assistance line at (800) 732-0330, or 1-202-551-6551 from outside of the U.S Quote Link to comment Share on other sites More sharing options...
CherryGaru Posted May 23 Report Share Posted May 23 On 12/14/2023 at 11:49 AM, Raj162000 said: I'd like to give a review of Kishore Ramarajus Mirror Trading Plan (Right Choice Advisors). They dont have any place to give a review. So I am giving it here. I followed him for a year in his 104 Futures plan with C2. He charged a subscription fee of $299/month. This plan account had $60K minimum requirement. This plan lost money from week 2. After a year of performance, the plan has gone negative to -$72K. -Kishore lacks the basics of risk management -he lets one trade lose so much money that wipes out gains from 3-6 months. Lacking any kind of risk management. -He then does revenge trading by increasing the size of the risk by taking too many trades. And loses more money. -He is hard to reach and does not have a usergroup, so people cant communicate. -He only advertizes his winning trades to lure people to subscribe. He has other channels for Options/Stocks/Forex. I recommend people do not sign up and put your hard earned money in here. - When I confronted him he said that the plan is almost breakeven. When I asked for list of people who made money, he had no answer. Neither does he want to create a user group. -This guy is very new to trading and is just experimenting with other peoples money. How can a $-72,000 account be even breakeven in his eyes, I dont know. It just tells me that he has no clue what he is talking about and I would not fall for any of his other trading strategy. Charlie Munger said: "Show me the incentive and I will show you the outcome" Kishore Ramarajus incentive is from subscription fee. He has 18K+ subscribers in his telegram channel. Even if he can lure 1% of that 18K he will make a lot of money. That is his only motive to make money. He has not successfully shown any success in making money on a consistent basis. * I have subscriped and paid for his Futures RC 104 Channel Via C2. I have proof of his trades for an entire year, tracked trade by trade. Thank You Raj I guess this is >> 104 Futures plan with C2... https://collective2.com/details/143131303 Here are other plan's that lost thousands of gullible people's money. https://collective2.com/details/143135146 https://collective2.com/details/143131310 1 hour ago, Raj16200 said: Kishore Ramaraju and US Equities are engaged in fraudulent activities. It's imperative not to invest any funds with them. I utilized their mirror trading, futures, and options services, all of which resulted in significant losses for everyone involved. Ramaraju lacks experience, despite boasting a following of 14,000 individuals on his free Telegram channel. He attempted to lure some of them into paid channels by showcasing fabricated profits. Additionally, he shared my private conversations to tout apparent successes, only to become unresponsive when his strategies incurred substantial losses, such as a $10,000 hit from a single trade in a day. Within a few months, he obliterated accounts totaling $100,000. My hope is that by sharing my experience, I can prevent others from falling victim to his deceptive tactics. Similar to a Ponzi scheme, once an account experiences losses, Ramaraju solicits further investments in different schemes, all of which ultimately fail, leading him to take increasingly risky actions. He essentially gambles with investors' money while collecting monthly fees. On 3/16/2024 at 10:20 AM, SaveYourself said: Yes he is a very big cheat and a liar all his comments showing that he makes profit are totally fake he is just spreading false information to get more subscribers We should all start reporting his group so that telegram bans it and at least more people are not cheated. Quote Link to comment Share on other sites More sharing options...
ilakatamaflia Posted May 24 Report Share Posted May 24 Eedi group lo anni, made profits , other users comments screenshots pedtaa untadu , kaani accnt performance chustee all negative also livw trading ani sessions pedtadu , but prices he executes alwasyz diffrnt … and says he made a profit .. ippudu edo ninja traders ani market lo dimpadu, unsubsrd his trade alerts, friend gaadu refer chesthe .. subscription tiskunna .. kaani i was quick to come out .. ledanthe mast poyetivi …. Quote Link to comment Share on other sites More sharing options...
Karthik112233 Posted November 12 Report Share Posted November 12 On 5/22/2024 at 8:41 PM, Raj16200 said: this is his phone info: 832 867 8808 Address: 18311 Licola Meadow Ln, Richmond, TX, It seems he purposefully smoothen out his home on google map street view Quote Link to comment Share on other sites More sharing options...
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