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Jul 22, 2021 at 19:47 comment added Barmar But also don't know whether India has laws that would allow victims of a fraud like this to recover their money.
Jul 22, 2021 at 19:46 comment added Barmar @JimmyJames Didn't notice that. I have no idea if or how this stuff is regulated there.
Jul 22, 2021 at 19:44 comment added JimmyJames @Barmar Just want to point out that this labelled India. You might want to qualify whether you are sure that's the case in India.
Jul 22, 2021 at 14:15 comment added Barmar For instance, mutual funds are audited on a regular basis.
Jul 22, 2021 at 14:14 comment added Barmar Bernie Madoff's company was not a mutual fund. While it's theoretically possible for a mutual fund to be fraudulent, it's very unlikely because of all the regulations.
Jul 22, 2021 at 13:06 comment added DonQuiKong Then that's not the worst thing. You can totally lose 50% or more in an investment. With low probability, but far from impossible.
Jul 22, 2021 at 5:58 history answered jamesqf CC BY-SA 4.0