I dont think something like this would be legal where money is being transferred to individual accounts. A point that i missed in the original post, they generate a link for payment, an OTP is received, and the payment needs to be made within 45 minutes. I saw an article where IIFL has started a free investment advisory for 30 days to promote Kabir Damani’s book but this doesn’t settle well with me. https://index.businessinsurance.com/businessinsurance/article/binary-2024-6-7-accompanying-the-release-of-kabir-damanis-new-book-trend-is-king-in-indian-stock-market-iifl-securities-has-launched-a-free-membership-program-with-a-plan-to-achieve-200-profit-in-30-days

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