This advisory is issued to caution investors against impostors/fraudsters misusing the BasuNivesh name, in line with SEBI’s investor protection guidelines.
At BasuNivesh Fee-Only Financial Planners, trust is the foundation of everything we do. Over the last 15 years, thousands of investors have turned to us because they value conflict-free, unbiased guidance.
Unfortunately, this reputation has also attracted imposters who try to misuse our name.
Recently, we have received reports of fraudsters using our brand, logo, and even look-alike email IDs to pitch “hot stock tips,” “guaranteed returns,” or premium services.
Let us be absolutely clear: these people are not part of BasuNivesh.
How Imposters Try to Mislead Investors
- Fake Social Media Handles – Fraudsters create profiles that look like ours and send “exclusive investment opportunity” messages.
- Unverified WhatsApp & Telegram Groups – Victims are added to groups like “BasuNivesh Premium Calls” and charged subscription fees.
- Spoofed Emails and Phone Numbers – Emails from IDs such as [email protected] or calls from unknown numbers use our name to appear credible.
- Guaranteed-Return Pitches – Any promise like “double your money in six months” is a sure sign of a scam.
Remember: No legitimate adviser can guarantee returns.
What BasuNivesh Will Never Do
- No Commissioned Product Sales – We are a SEBI-Registered Investment Adviser (RIA) operating strictly on a fixed fee-only model.
- No Cold Calls or Random Messages – We never initiate unsolicited calls, WhatsApp messages, or Telegram invites.
- No “Hot Tips” or Intraday Calls – Our work is long-term financial planning, not day-trading signals.
- Transparent Process – Every client receives a written agreement with our SEBI registration number through our official email communication and contact details (provided below).
Our Only Genuine Contact Channels
To stay safe, engage with us only through the channels below.
Anything else is not us.
Website
Official Phone Numbers
- Primary: 9019580450
- SEBI-Registered Number: 6361835871
Verified Social Media
- Facebook Profile: facebook.com/basavaraj.tonagatti
- Facebook Group: facebook.com/groups/164393507015318
- Facebook Page: facebook.com/basunivesh
- Twitter (X) Handles: x.com/BasuNivesh, x.com/tonagatti
- Instagram: instagram.com/basunivesh
- LinkedIn: linkedin.com/in/basavaraj-tonagatti-4a270111
- WhatsApp Channel: whatsapp.com/channel/0029Va9bKe71noyxxHh6222T
- YouTube Channels:
Important: We do not operate any other social media profiles, groups, or investment-tip services apart from those listed above, either as BasuNivesh, BasuNivesh Fee Only Financial Planners, Basavaraj Tonagatti, or as Tonagatti.
How to Verify Every Time
- Check the URL or handle carefully for spelling errors or extra characters.
- Match the phone/email with the details given above.
- Cross-verify our SEBI RIA number (listed on our website) on SEBI’s official site.
- Never share personal or banking details unless you have confirmed you’re communicating through these verified channels.
Quick Red-Flag Checklist
- Promises of “guaranteed returns.”
- Requests to pay via personal bank accounts or UPI links.
- Social media handles not listed above.
- Free email IDs (Gmail, Outlook, etc.) claiming to represent us.
If you spot any of these, walk away.
Final Word
Your financial journey is too important to be derailed by fraudsters. By staying alert and using only the official website, phone numbers, and social channels above, you can protect your wealth and personal data.
Remember: If it sounds too good to be true, it usually is.
Disclaimer
BasuNivesh Fee-Only Financial Planners is a SEBI-registered investment adviser (RIA Registration No.: INA000019053) operating on a pure fee-only model.
We maintain only the website, phone numbers, and social media channels listed above.
If you receive any unsolicited communication claiming to be from BasuNivesh or using our name/logo but not matching these verified details, do not share personal or financial information.
Forward screenshots to our official email and report the matter to SEBI (https://scores.gov.in) and the National Cyber Crime portal (https://cybercrime.gov.in). Past performance is not indicative of future results.