ravikiran arimilli @arimilli9999 - Twitter Profile

Scam alert 🚨🚨🚨🚨🚨 Every retail investor should know this. Please Retweet for max reach. 📢 SEBI asks ZEE Business guest experts to cough up 7.41cr. These guest experts used to give calls on air and had settings with their clients which used to take opposite calls or square off their position. • SEBI clearly mentioned in its order that they used to make profit on the cost of innocent retail investors and characterized this as "unlawful gain". • Action has been taken against 15 experts appearing on the channel between February 01, 2022 and December 31, 2022. • List includes the names of Simi Bhaumik, Mudit Goyal Himanshu Gupta, Ashish Kelkar, Kiran Jadhav, Ramawatar Lalchand Chotia, SAAR Securities India Private Limited, Ajaykumar Ramakant Sharma, Rupesh Kumar Matoliya, Nitin Chhalani, Kanhya Trading Company, Manan Sharecom Private Limited, SAAR Commodities Private Limited, Partha Sarathi Dhar and Nirmal Kumar Soni. • 🚨🚨 SEBI in its order said, ''Analysis of evidences gathered in the course of investigation reveal that Guest Experts shared advance information pertaining to recommendations to be made by them with Profit Makers, before the broadcast of the recommendations on Zee Business,” • The Profit Makers, having received the information, took position in the scrip/contract and reversed the position or squared off the position upon broadcast of the recommendation on Zee Business. 💡💡 SEBI added that the facts of this case demonstrates a clear scheme of manipulation to harm the interest of investors by misguiding them to take positions in securities so that Profit Makers could make profit at the cost of such investors. Unlawful gains made by these Profit Makers come, directly or indirectly, from the pockets of innocent investors who follow the advice of Guest Experts unaware of the fraudulent scheme. #SEBI #SEBIN #StockMarketindia #scamming #zeebusiness #stockmarketcrash #Nifty #GeneralElectionN0W #Election2024 #investing #nse #BSE