Boy from odisha Committed Sucide , Lost One crore in olymptrade scam , olymptrade fraud

 

Mahesh's story is a tragic reminder of the risks and dangers of online trading. He started trading on Olymp Trade at the age of 19 and lost all of the money he had invested in the platform, along with the money he had borrowed from his father and the debt he had incurred on his father's credit card. In total, Mahesh lost 1 crore rupees, leaving his father with a debt of 30 lakh rupees, with no assets to show for it. Unfortunately, Mahesh's story ended in tragedy, as he took his own life due to the overwhelming financial and emotional distress he faced.

Mahesh was a 19-year-old boy from Odisha who had big dreams and aspirations for his future. He had always been interested in finance and the stock market, and had spent hours studying charts and analyzing trends. When he turned 19, he decided to start trading on Olymp Trade, hoping to make some extra money to fund his education and achieve his goals.

At first, Mahesh was cautious and only made small trades, but as he started to see some success, he became more confident and started to take bigger risks. He was convinced that he could beat the market and make a fortune in no time. Unfortunately, things didn't go as planned.

Mahesh's early trades resulted in losses, and he was unable to recover from them. In a desperate attempt to recoup his losses, he borrowed money from his father and even took out a credit card in his father's name. Mahesh believed that he could make back the money he lost quickly, but things only got worse.

Over time, Mahesh's losses mounted, and he found himself in a deep hole of debt. He had lost almost all the money he had borrowed from his father, and he had no way of repaying it. He was drowning in debt, and he saw no way out.

Mahesh was consumed by stress, anxiety, and despair. He had taken a gamble that had backfired disastrously, and he was unable to see any hope for his future. Eventually, he felt that he had no choice but to end his life. On 18 January 2023, at 6 pm, he committed suicide, leaving behind a grieving family and a shattered dream.

Mahesh's father was devastated by his son's death and the loss of the money he had invested in his son's education and future. He was also left with a mountain of debt in his name, which he would have to pay off on his own.

The tragedy of Mahesh's story is a reminder of the risks and dangers of online trading and the importance of seeking professional guidance before making any investments. It is important to remember that trading in financial markets involves risk, and there is always the possibility of losing money. It's important to educate oneself and approach trading with caution.

Additionally, it is essential to understand the consequences of taking on debt and borrowing money to invest. It's important to approach any investment or financial decision with a clear mind and a solid plan. In cases of financial distress, it's important to seek help from professionals and not let emotions take over.

Mahesh's story is a tragedy, and it's a powerful reminder of the importance of seeking help and support when facing challenges. If you or someone you know is struggling with mental health or financial distress, it's essential to seek help and support from professionals and loved ones.

It's important to remember that trading losses or financial setbacks are not worth sacrificing one's life. Money can be earned back, but a life lost is irreversible. It's important for individuals to prioritize their mental and emotional well-being and seek help when needed.

Mahesh's story is a tragic reminder of the importance of mental health and seeking help when facing challenges. We must all work together to remove the stigma surrounding mental health and provide support and resources to those who need it At The End Binary Tradeing should be banned in india #rbi should ban binary tradeing all fake broker fraud olymptrade,fraud binomo,fraud quotex,fraud gru trade, #RBI , #SEBI Strict action should be taken