Short 'Circuit' in the Stock Market! ⚡📉 SEBI has banned actor Arshad Warsi (aka Circuit from Munna Bhai) and 58 others from trading for up to 5 years in a pump-and-dump scam involving Sadhna Broadcast. 📊 The charges? 1. Fake Hype: Influencers (like those in this case) post MISLEADING YOUTUBE VIDEOS or tips saying a stock will rise big. 2. People Buy: Retail investors trust the tip and start buying - demand increases. 3. Price Shoots Up: The stock price rises unnaturally (that’s the "pump"). 4. They Sell: The scammers, who bought early, sell at the peak (this is the "dump"). 5. Crash: Once they exit, the price crashes - and normal investors suffer losses. It’s market manipulation — and illegal. That’s why SEBI banned them. 💡 Lesson: Do your own research, not “viral advice." I have time and again alerted about blindly investing in stocks and all. I have myself lost lakhs in this. Please refrain from such shortcut to money. 🙏🏻
Download the medial app to read full posts, comements and news.