The ‘Trading Queen’ who looted Rs.104 crores..!?

The Securities and Exchange Board of india (SEBI) has recently banned Asmita patel, who has done all this for a pittance. The only mistake she has made so far is that she has promised to give online trading tips to thousands of people and that they can make huge profits by investing in large amounts with the advice she has given. She has set up a company called Global school of Trading Private Limited and is acting as its director. Those who believed her words followed her tips and paid heavily for the courses she taught. However, they followed her mother's tips and suffered huge losses. Due to this, a large number of complaints were filed against her with SEBI. Do you know how much money Asmita patel has looted in the name of tips? It is said to be around Rs. 104 crore. She is said to belong to a traditional Gujarati family from Navi Mumbai, Maharashtra.
She claims to have seventeen years of trading experience and over ten years of teaching experience and is said to have won many awards. Her boastful online presence has led to her massive following on various social media platforms. Her YouTube channel has 5.26 lakh subscribers, 2.9 lakh followers on Instagram, 73 thousand on Facebook, 1900 on LinkedIn, and 4200 followers on X.
She is unmatched in boasting about herself. She is often referred to as the ‘Shewolf of the Stock Market’. She is also known as the Options queen and has given trading advice to nearly one lakh students and investors. SEBI, which stepped in with the complaints against her, not only imposed a ban on her but also ordered her to return the Rs. 53 crores collected as course fees to the relevant investors. Let's see what happens next.
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asmita patel

Sowmiya Sriram

10/02/2025 01:27 PM