₹100 crore Stockal scam: Apple, Nvidia shares sold without investors' consent
- Nearly 30 Indian investors alleged losses exceeding ₹100 crore through Stockal Securities.
- Apple, Nvidia & Tesla shares were allegedly sold without investors' permission.
- • Money was used to buy Chinese firm Zhibao Technology's shares, which later plunged nearly 60%.
- Investors filed complaints with Indian & US regulators; Stockal denies a platform security breach.
Source: moneycontrol.com
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