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SEBI axed a unregistered investment advisory service provider - www Fullonoption com

Mansoor Rafiq Khanda is just fooling people with his TIPS and SEBI done his duty

Read the complete order...

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1463393599057.pdf
Freezing the bank and demat accounts and recovering Rs 5 Cr will not be a deterrent punishment.They will start in some other name . The person and his associates should be put behind bars for 2-3 years atleast.But some good beginning has been made. This also shows how much money these tipsters make by fooling people. They made 3.5 Cr in 12-14 months.

Smart_trade
 
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Freezing the bank and demat accounts and recovering Rs 5 Lacs will not be a deterrent punishment.They will start in some other name and recover Rs 5 L in one month. The person and his associated should be put behind bars for 2-3 years atleast.

Smart_trade
This seems to happen regularly. SEBI either does not have lathi or is unwilling to use it.
Another example - Fraud promoters of small/micro companies take investors for a ride, SEBI bans entity and stocks gets delisted - people are left holding worthless stocks ( ex Dr datson some time back ). Moneylife had some articles.
 

vagar11

Well-Known Member
Freezing the bank and demat accounts and recovering Rs 5 Cr will not be a deterrent punishment.They will start in some other name . The person and his associated should be put behind bars for 2-3 years atleast.But some good beginning has been made. This also shows how much money these tipsters make by fooling people. They made 3.5 Cr in 12-14 months.

Smart_trade
3.5 crores :eek: and that too by a site whose name I haven't heard.
 
Sir at 24 I also took and exit at 7900. Sir swing shorts at what level?
That depends on the timeframe and the method you follow ,but most will trigger sell around todays closing levels and below.

Smart_trade
 

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