Abstract:BotBro, an AI-based trading platform, became popular in India in 2024—but for negative reasons. Its founder, Lavish Chaudhary, who gained a huge following by promoting it heavily on social media. Since then, he has become well-known, but for many controversies. Let’s know the latest update about Botbro & Lavish Chaudhary.
BotBro, an AI-based trading platform, became popular in India in 2024—but for negative reasons. Its founder, Lavish Chaudhary, who gained a huge following by promoting it heavily on social media. Since then, he has become well-known, but for many controversies. Lets know the latest update about Botbro & Lavish Chaudhary.
Change BotBros Domain name In 2025
BotBro, an AI-driven forex trading platform, has recently changed its domain name to YorkerFX. This rebranding aligns with the company's strategic shift towards the “Grow Trader Matrix” initiative. The announcement was made on their official Instagram account, stating:Following the recent update, our domain name has been changed to YorkerFX to the grow Trader Matrix.
ED Exposed Botbro Scam Recently
In Feb, 2025 Enforecement Directorate of India (ED) exposed the scam run by founder of Botbro, Lavish Chaudhary So far, the ED has frozen ₹170 crore kept in around 30 bank accounts. These accounts were connected to fake companies like NPay Box Pvt Ltd, Capter Money Solutions Pvt Ltd, and Tiger Digital Services Pvt Ltd. These were used to hide the money.
The scam came to light when Mandi Police in Himachal Pradesh found an illegal investment plan run by QFX Trade, a company based in Zirakpur. The case was filed in November 2023 at the Bahl Police Station, after a complaint by an investor.
It was later found that the scam involved around ₹210 crore, and nearly 100 people from the Mandi district were affected.The company promised investors a 5% return every month. They also offered commissions to those who brought in new investors. This setup was a Ponzi scheme.
Do not Miss These Important Articles- www.wikifx.com/en/newsdetail/202507251824225705.html
www.wikifx.com/en/newsdetail/202507254934219587.html
BotBro, QFX, YorkerFX - One Mastermind: Lavish Choudhary
BotBro, QFX Trade, and YorkerFX are three investment platforms that promised high returns through AI-powered forex and crypto trading. Promoted across India using social media influencers, luxury events, . These Platforms lured thousands with promises of 3–5% monthly profits and passive income. Behind all three platforms was Lavish Choudhary, a self-proclaimed Dubai-based entrepreneur originally from Muzaffarnagar, Uttar Pradesh. Choudhary built a loyal following by presenting himself as a tech visionary, but investigations by the Enforcement Directorate (ED) and state police revealed he was the mastermind behind one of the largest multi-level marketing frauds in India.
What is his new plan?
At a recent event with his followers, Lavish Choudhary announced that he will soon launch a podcast, return to YouTube, and that he is not running away from anything. He sounded positive and confident, saying, “We‘re coming back stronger — in fact, we’re already back. Were sharing all the information, so stay connected with us on Telegram Live, Instagram, and our new podcast.” He also said that the people spreading fake news about him are actually making him more popular. “We care about people,” he added. “Get ready to boost your income and take advantage of exciting new offers.”
Join WikiFX Community & Get the Latest Updates
Investment scams have become a reality in the Forex market. While trading forex, you can avoid these scams by staying informed and alert. Therefore, be attentive and stay updated with fraud alerts. With WikiFX, you can get all the information you need about the Forex market, fraud alerts, and the latest news related to Forex trading all in one place. Join the WikiFX Community by scanning the QR Code at the bottom.
Steps to Join
1. Scan the QR code below
2. Download the WikiFX Pro app
3. After installing, tap the Scan icon at the top right corner
4. Scan the code again to complete the process
5. Congratulations! You have Joined the Group
Have you heard this name before? No , it’s time you do because staying unaware could cost you. This platform is currently active in the forex trading and has been linked to several suspicious activities. Even if you’ve never dealt with it directly, there’s a chance it could reach out to you through ads, calls, messages, or social media. That’s why it’s important to know the red flags in advance.
Contemplating forex investments in the EVM Prime platform? Think again! We empathize with those who have been bearing losses after losses with EVM Prime. We don't want you to be its next victim. Read this story that has investor complaints about EVM Prime.
If you missed this week's fraud brokers list and are finding it difficult to track them one by one — don’t worry! We’ve brought together all the scam brokers you need to avoid, all in one place. Check this list now to stay alert and protect yourself from fraudulent brokers.
Sigma-One Capital, where forex scams happen almost every day, has grabbed everyone’s attention. Investors are crying for withdrawal denials, unethical approach of bringing in deposits, and a complete loss of invested capital. Explore this story where we have exposed Sigma-One Capital for their scamming acts.