Fake SEBI Registered Advisor Took ₹47 Lakh Promising Guaranteed Profits. SEBI Has Now Banned Him
A man in Madhya Pradesh pretended to be a SEBI-registered advisor, promised people huge guaranteed profits, and collected more than ₹47 lakh from investors. On July 9, 2026, SEBI caught up with him. He has been told to return every rupee, pay a penalty of ₹7 lakh, and stay out of the market for a […]













