Market regulator Securities and Exchange Board of India (SEBI) has delivered one of its toughest blows yet to India’s financial influencer (finfluencer) circuit, impounding ₹546.17 crore in unlawful gains from finfluencer Avadhut Sathe and Avadhut Sathe Trading Academy Pvt Ltd (ASTAPL) and barring the finfluencer, his wife Gouri Sathe and their Academy from the securities market, after uncovering evidence that they operated a vast network of unregistered investment advisory services under the guise of stock-market 'training'. The regulator’s explosive interim order details a multi-year scheme involving live trade tips, WhatsApp-based recommendations and misleading promotional content that allegedly induced thousands of retail investors into costly programmes promising unrealistic market su

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