SEBI Exposes "Educational" Trading School in Rs 158 Crore Scam

In a bombshell move that could send shockwaves through India’s booming “finfluencer” industry, SEBI has cracked down on **Asmita Patel Global School of Trading Pvt Ltd** and five linked entities, freezing **Rs 53.67 crore** of “illegal gains” and threatening to seize another **Rs 104.6 crore**. SEBI’s investigation reveals Patel’s platform allegedly lured thousands of students with promises of “stock market education,” only to funnel them into a **predatory ecosystem**: * Students were pushed to open trading accounts with **ABC Ltd** (a brokerage firm under scanner). * Secret channels run by the firm blasted “buy/sell” tips for **specific stocks** – a clear violation of SEBI’s investment advisory rules. * Patel’s entity charged hefty fees for courses while allegedly profiting from unsuspecting traders’ transactions. SEBI’s move signals a wider purge of social media “gurus” selling get-rich-quick schemes under the guise of coaching. For investors, the message is clear: **If it sounds too good to be taught, it probably is.** https://preview.redd.it/yhegj0gagnhe1.jpg?width=1280&format=pjpg&auto=webp&s=bf4ccbd3194969de2565e24c6889bbb1e46c49e5