Negative impactCompany
Investors lose ₹100 cr in Stockal Securities scam; how to file a complain and can you recover the money?
Mint 1 hr ago·6 Nov 2026, 6:33 pm
Nearly 30 investors have reported losing over ₹100 crore after their Stockal Securities accounts were allegedly accessed without authorization. The brokerage firm has suspended its operations, leaving clients unable to trade or withdraw funds. This incident has raised serious concerns about the security of client assets held by financial intermediaries.
For investors, this serves as a stark reminder of the risks associated with third-party custody. While the firm's insolvency complicates the recovery process, affected individuals can file a complaint with SEBI and the Serious Fraud Investigation Office (SFIO). These bodies will investigate the breach and work towards asset recovery.
Going forward, investors should monitor the official updates from regulatory authorities. The outcome of the investigation and the subsequent liquidation process will determine the extent of recoveries. It is advisable to keep all transaction records and communication with the broker for reference.
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