The clever thugs of stock market waiting for you on social media!
The stock market is bleeding. Seeing the portfolio turning red, the eyes of the investors have become stone. They want to make it green at any cost. This desire takes them into the swamp of viral reels of social media and ruins everything for them. Actually, we are talking about those clever thugs who give you knowledge of investing in the stock market on social media. These thugs first tell you some such shares, which have a little profit and then make such a move that you are not left with even a penny.
SEBI takes some step every day to caution you against such clever thugs, but the roots of these thugs are so spread that they make thousands of people their victims every day. Come, today let us tell you about some such cases on which SEBI has taken action.
Stay away from these reels
If you watch reels on social media, especially reels related to stock market, then many such reels must be coming in your feed, on which pictures of some stocks are running and voice over is running in the background, (Buy this stock and sit down, you will become a millionaire, these stocks will give 100 times profit, these stocks are going to become multibaggers, these stocks are the hens that lay golden eggs, invest money in these stocks priced less than Rs 10, Rs 5, the profit will increase 100 times) There is no face on these reels and they are not accountable to anyone. If you trust them and invest your money in the stock market, then no one can save it from sinking.
Smart fraudsters of the stock market
Recently, the Securities and Exchange Board of india (SEBI) banned a YouTuber named Asmita Jitendra Patel. It is alleged that Asmita defrauded investors of Rs 104 crore through wrong trading tips. Apart from this, a few months ago, SEBI banned YouTuber ravindra Balu Bharti and his company ravindra Bharti education Institute from the securities market till april 4, 2025.
Along with this, SEBI also ordered ravindra Balu Bharti and his firm to return illegal income of Rs 9.5 crore for illegal advisory business. Apart from this, SEBI also banned Naseeruddin Ansari. Ansari was active on the social media platform X under the name 'Baap of Chart', where he used to give advice on buying and selling shares. After the action, SEBI ordered Ansari and his associates to open an escrow account and deposit Rs 17 crore. These are the thugs who came under the eyes of SEBI and action was taken against them. But the jungle of social media is still full of such vicious thugs who are waiting for their next victim.
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