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The popular ‘finfluencer’ allegedly misled investors in the guise of ‘educating’ them about investing in the markets. He has been told to cough up Rs 17 cr. What’s the lesson in SEBI’s interim order for ordinary investors?
Sebi found that Rs 17.21 crore has been accumulated from carrying out investment advisory activities, which are both unregistered and fraudulent.
New Delhi, Clamping down on unauthorised investment advisory services offered in the name of 'Baap of Chart', regulator Sebi on Wednesday barred three entities