In recent years, the number of financial scams has increased sharply. Many investors are misled by fake individuals pretending to be registered investment advisers. It is more important than ever to beware of fake advisers who misuse the names and reputations of trusted professionals to cheat people out of their hard-earned money.

Under the banner, Merry Mind, Arijit Sen cares about your financial safety. This page will help you understand how these scams happen, how to identify genuine advisers, and how to protect yourself from fraud. We aim to help you make informed and safe decisions about your money.

Why Are Impersonators a Threat?

Fraudsters have become smarter. They create fake social media profiles, messaging groups, or websites that look like they belong to real financial advisers. They use false claims and fake results to convince people to trust them. Once the investor is convinced, they ask for money transfers or offer fake investment plans that promise high returns.

In many cases, these scammers even use the names of real SEBI-registered investment Advisers. They act as if they are from well-known advisory firms and contact people by email, WhatsApp, or Telegram.

These activities cause financial loss to innocent people and damage the reputation of honest advisers.

How Do These Scams Work?

Here are some common ways these impersonators trick investors:

• Creating fake profiles on WhatsApp, Telegram, Instagram, and LinkedIn.
• Using the name and photo of real SEBI-registered investment Advisers.
• Promising guaranteed or high returns in a short time.
• Sending fake profit screenshots to attract attention.
• Asking for money transfers to personal bank accounts or UPI IDs.
• Using pressure tactics like “limited-time offer” or “last chance.”

These tactics are designed to create urgency and gain your trust quickly.

How to Identify the Real Merry Mind

Arijit Sen is a SEBI-registered investment Adviser (Reg. No: INA300012723). He provides fee-only financial planning based on your goals and life stage. We do not sell any financial products or manage your money. We only offer advice that is in your best interest.

Here’s how you can confirm you’re dealing with the real Merry Mind:

• Our official website is:https://merrymind.in
  
• Our official email is: arijitsen@merrymind.in, admin@merrymind.in
• We do not use Telegram or WhatsApp Channels to offer investment tips or quick-return schemes.
• Our services are always offered with proper agreements and documentation.
• Arijit Sen, CFP®, QPFP®, is listed on the SEBI website.

If you receive any communication outside of these official channels, it is not from us.

What Arijit Sen Will Never Do

Under the banner, Merry Mind, Arijit Sen follows strict rules set by the SEBI. We are committed to ethical practices. Here’s what we will never do:

• We never ask you to transfer money to our personal or business account.
• We never promise guaranteed or fixed investment returns.
• We don’t provide stock tips, intraday calls, or buy/sell recommendations.
• We don’t operate WhatsApp or Telegram groups offering investment advice.
• We never request your banking passwords, login details, or OTPs.

We believe in helping you make the right decisions with your money through education, planning, and professional advice—not shortcuts or tricks.

Red Flags You Should Watch Out For

Here are some warning signs that someone might be a fraud:

• Promises of high or guaranteed returns with no risk.
• Pressure to invest quickly or miss out on a “limited offer.”
• Use of free email addresses like Gmail or Yahoo.
• Asking for payments without a formal agreement.
• No proper documentation, client onboarding, or risk profiling.
• Asking for your personal or financial details urgently.
• Always beware of fake advisers who pressure you to ‘act now’ or promise certain profits.

If you notice any of these signs, stop all communication and verify the identity of the person.

How to Protect Yourself

You can take simple steps to avoid falling into the trap of impersonators:

1. Always verify the SEBI Registration No. of the Adviser. You can do this athttps://www.sebi.gov.in.
2. Avoid investing based on WhatsApp or Telegram messages.
3. Don’t transfer money to individuals claiming to offer fast profits.
4. Ask for documentation before agreeing to any financial advice.
5. Trust only official communication channels, like emails from the company domain or the official website.

If something feels wrong, take a step back and confirm the details before moving forward.

What to Do If You Encounter a Fraud

If someone contacts you pretending to be from Merry Mind or using our name to offer investment advice, follow these steps:

• Do not engage further with the person.
• Take screenshots of the messages or profile for evidence.
• Send us an email at admin@merrymind.in to report the impersonator.
• Report the incident to SEBI using the SCORES platform.
• You can also file a complaint with your local cybercrime department.

Your quick action may help prevent others from falling into the same trap.

Our Commitment to You

Under the banner Merry Mind, Arijit Sen follows a fee-only, conflict-free approach. Our only goal is to help you achieve your financial objectives through personalised and honest advice. We do not sell financial products, earn commissions, or engage in any activity that could lead to a conflict of interest.

We believe that trust and transparency are the most important parts of a good advisory relationship. That’s why we are committed to protecting our clients from fraud and keeping all communication clear and official.

Final Words

Impersonators are a growing risk in the financial advisory space. Many people are misled by fake profiles and false promises. But with a little caution and awareness, you can stay protected.

Remember:

• Verify before you trust.
• Don’t fall for quick-return promises.
• Use only official communication channels.
• Report any suspicious activity immediately.

If anything feels suspicious, beware of fake advisers and contact Merry Mind directly. We are here to guide you and ensure your financial journey is safe, secure, and successful.

Stay informed, stay alert, stay safe—with Merry Mind.