CA warns about 'India's biggest financial scam': Common money trap could cost lakhs of loss. How to stop wealth drain

In India, many individuals struggle with managing their personal finances effectively. While income levels have risen over the years, a majority of people still miss out on building substantial wealth due to a common money trap, warns Chartered Accountant Nitin Kaushik. According to Kaushik, this is not about fraud or Ponzi schemes, but a behavioral pattern he calls “India’s biggest financial scam.”