Market Integrity & Scam Investigations Desk
Uncovering predatory trading academies, unauthorized finfluencer tip rackets, SEBI disgorgement refund orders, and SME operator cartels to protect retail investor capital.
Avdhut Sathe Trading Academy Scam: SEBI Directs ₹546 Cr Disgorgement, 2-Year Market Ban & Full Investor Refund
SEBI's landmark final order against Avadhut Sathe Trading Academy Private Limited (ASTAPL), Avadhut Sathe, and Gouri Sathe directs the refund of ₹546.17 Crore in unlawful fees, ₹67.87 Crore in interest, and imposes ₹11.5 Crore in penalties while barring Sathe from Indian capital markets for 2 years.
Recent Market Scams & Enforcement Cases
5 ACTIVE CASES
‘Nalasopara Call‑Centre Chaos’: 13 Arrested in Midnight Raid, ₹41 Cr Retail Money Siphoned in Bank Nifty Trap
In a decisive joint operation, Thane Cyber Crime Cell and regulatory authorities raided an unauthorized call center in Nalasopara, arresting 13 operatives and freezing ₹41 Crore in illicit retail funds. Operating without mandatory SEBI Research Analyst registration, the gang promised 1,000% monthly returns on Bank Nifty options.
‘Baap of Chart’ or ‘Baap of Losses’? How Mohammad Nasir Minted ₹17.2 Cr Selling Stock Dreams While Personally Bleeding ₹2.9 Cr in Options
SEBI’s forensic audit of YouTube star Mohammad Nasir Ansari ('Baap of Chart') revealed an astonishing truth: while collecting ₹17.20 Crore from over 20,000 retail traders for 'sure-shot' option courses, his own trading accounts suffered net losses of ₹2.89 Crore. SEBI barred Nasir, impounded ₹17.20 Crore in unlawful gains, and froze all linked bank accounts.
SME IPO Manipulation Racket: How Promoters and Operators Rig 100x Listing Gains Before Dumping
The SME exchange arena has seen companies with minuscule book values surge 300% on listing day, only for promoters and shadowy operators to dump shares on retail investors. SEBI has intervened with tight 90% listing caps and rigorous forensic accounting audits.
Illegal Dabba Trading & WhatsApp 'VIP Signals' Rackets Raided Across Mumbai, Indore & Ahmedabad
Joint operations by state enforcement wings and capital market watchdogs have busted numerous illegal dabba trading syndicates that conducted unregistered equity derivative transactions outside the purview of NSE and BSE.
From 'She-Wolf of Dalal Street' to SEBI Ban: How Asmita Patel Minted ₹150+ Cr Selling Stock Dreams While Students Bled Cash
The dramatic story of Asmita Patel and her Global School of Trading (APGSOT). Starting with a humble pitch to liberate Indian housewives, she transformed into high-glamour finfluencer royalty charging lakhs for 'Price Action' courses, only for SEBI to bust an unregistered advisory racket, uncover layered shell entities, and freeze ₹53.67 Crore.
How to Spot a Fake Trading Guru or Stock Scam Before Paying Fees
Before transferring hard-earned savings to any trading institute or Telegram channel administrator, check these 4 non-negotiable warning flags: