A second investor has told Moneycontrol his brother allegedly lost about $1 million when US blue-chip holdings were liquidated without consent on Stockal, a Bengaluru fintech registered with SEBI. Nearly 30 investors reportedly lost over Rs 100 crore after unauthorised account access on October 15. Stockal's parent, Borderless Investing, says an investigation found no evidence of a system breach.
Second investor alleges $1 million loss in Stockal US stock case
Source: Moneycontrol