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  • News From Press Sebi orders impounding Rs 5 crore in SMS-based investment scam

    Sebi orders impounding Rs 5 crore in SMS-based investment scam

    Source: The Economic Times May 19, 2016

    Markets watchdog Sebi today ordered impounding unlawful gains of over Rs 5 crore from two individuals and their associated firms after finding them guilty of providing unregistered investment advisory services through mobile SMSs and WhatsApp messages. 
     

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