New scam happening in your name @amazonIN.

I
had a product delivered today to my home, for which I had placed an order on Sunday.

Around 1.30 P.M., I received a call from +91 98743 95024 saying Amazon has selected 10 winners out of the people who have ordered this product

And I can choose between 5 options as a gift (including an iPhone 11 and a Sony LED TV). I knew straight away that this was a scam but played along.

The scammer then told me that since the cost of the gift I have chosen (iPhone) is quite high, I would need to buy something else
as well worth INR 5000 or more to ensure that I would not refuse the gift once it was delivered to me (as if you can find people like that!)

At this point, I was beyond sure that it was a scam but was also intrigued so I played along further.

The scammer then "transferred the
call to a senior" person to guide me with the rest of the process.

The "senior" then asked me for the color of the phone I want and asked me to add both the phone and the item worth INR 5000 to cart. I told him I have done that (I hadn't).

Then the scammer asked me how I would
like to pay. Upon me saying credit card, he said that if I pay by credit card, I would have to "divulge my details". When asked what details, he dodged that question and said UPI or bank transfer was "easier".

Just to play along, I said let's go ahead with UPI
I also said the cart both has the iPhone and the other product, so I would be paying the full amount and how then the phone was a gift? To which the scammer said I would only need to pay for the other product and the phone would be delivered as a gift free of cost (aren't all
gifts free?)

He then asked me to access Google Pay and proceeded to give me the name, IFSC code and account number to which the payment was to be made.

At this point, I had lost patience and told him off. He promptly disconnected.
Here are the details of the account on which he was asking payment

Name - Amazon India
IFSC Code - PYTM0123456
Account number - 917469809771

The alarming part here is a that they are collecting money in your name @amazonIN
The even more disturbing part is
that he had my address, down to the pin code.

Either your delivery partners are selling customers data to them, or there is serious breach in your database.

Either way, fix it ASAP.

I have the call recording in case you need it.
One last request, please RT this and inform people, especially your parents if they are not familiar with online shopping. They are collecting money in your name and someone gullible can easily fall prey.

End of thread.

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What an amazing presentation! Loved how @ravidharamshi77 brilliantly started off with global macros & capital markets, and then gradually migrated to Indian equities, summing up his thesis for a bull market case!

@MadhusudanKela @VQIndia @sameervq

My key learnings: ⬇️⬇️⬇️


First, the BEAR case:

1. Bitcoin has surpassed all the bubbles of the last 45 years in extent that includes Gold, Nikkei, dotcom bubble.

2. Cyclically adjusted PE ratio for S&P 500 almost at 1929 (The Great Depression) peaks, at highest levels except the dotcom crisis in 2000.

3. World market cap to GDP ratio presently at 124% vs last 5 years average of 92% & last 10 years average of 85%.
US market cap to GDP nearing 200%.

4. Bitcoin (as an asset class) has moved to the 3rd place in terms of price gains in preceding 3 years before peak (900%); 1st was Tulip bubble in 17th century (rising 2200%).
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2. And @RepKenBuck, who offered a thoughtful Third Way report on antitrust law in 2020, weighed in quite reasonably on Biden antitrust frameworks.

3. I believe this change is sincere because it's so pervasive and beginning to result in real policy changes. Example: The North Dakota GOP is taking on Apple's app store.


4. And yet there's a problem. The GOP establishment is still pro-big tech. Trump, despite some of his instincts, appointed pro-monopoly antitrust enforcers. Antitrust chief Makan Delrahim helped big tech, and the antitrust case happened bc he was recused.

5. At the other sleepy antitrust agency, the Federal Trade Commission, Trump appointed commissioners
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