SEBI bans YouTuber Ravindra Balu Bharti for investment scam, fines ₹9.5 crore
New Delhi: The Securities and Exchange Board of India (SEBI) has barred YouTuber Ravindra Balu Bharti and his company, Ravindra Bharti Education Institute, from accessing the securities market until April 4, 2025. The action follows allegations of running an unregistered investment advisory business.
SEBI has also directed Bharti and his firm to refund ₹9.5 crore earned through unauthorised activities. Bharti, who has over 19 lakh subscribers across two YouTube channels, reportedly lured inexperienced investors with trade recommendations, investment advice, and execution services.
According to SEBI, Bharti’s company promoted "high returns" without disclosing associated risks and operated without mandatory registration. The regulator highlighted manipulative tactics, including selling multiple investment plans to individual investors, limiting their autonomy in decision-making.
In addition to the repayment order, SEBI has imposed a ban on Bharti, his company, and associates from engaging in any securities market activity until April 2025. They are also prohibited from offering investment advisory services without proper registration. A further penalty of ₹10 lakh has been levied on Bharti and his associates.
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Man in Bidar suspects wife’s fidelity, allegedly hacks her to death with lethal weapon
Bidar: A man in Bhopalgad village of Kamalnagar taluk, identified as Ankush (35), allegedly murdered his wife Nirmala (32) on Wednesday morning, with the suspicion that she was having an extramarital relationship.
A case has been registered at Kamalnagar Police Station and the officers are investigating the incident.
The police have said that, following repeated fights with her husband Ankush recently, Nirmala shifted to her hometown, Belakuni village, for a few days before returning home.
On Wednesday morning, Ankush is learned to have hacked her to death using a lethal weapon, allegedly suspecting Nirmala’s fidelity, the officers added.
