Meanwhile, three proprietary firms – Raja traders, Gemini enterprises and united enterprises – were allegedly involved in the issue, as some complainants allegedly sent the curriculum fees to their account.
In particular, Asmita Patel has an important social media appearance on platforms such as YouTube (5.26 lakh), Instagram (2.9 lakh followers), Facebook (73,000 followers), LinkedIn (1,900 followers), and Twitter (4,200 followers).
In the entire plan of things, the ASMIT will assure investors for guaranteed future returns of more than 40% in its masterclass. She also claims that the fees paid for the courses will also be recovered with stock advice.
Subsequently, the participants paid huge amount of money, but ended the serious loss. All this was being done without any SEBI Authority.
The amount of investment amount made by the complainants in their trading accounts ranged from Rs 20 thousand to Rs 35 lakh.
The regulator, in his order, directed the identity, its trading school and its director to provide any investment advisor and stop to stop working towards any unregistered or fraud activity.
“Notice is immediately directed to remove and remove all websites, advertisements, representatives, literature, video, video, brochure, material, publication, documents, communication, etc. , Till further orders, “read SEBI order.
(Tagstotransite) SEBI (T) Securities and Exchange Board of India (T) Asmita Patel
