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SEBI bans You Tube Influencer with 19 Lakh - Plus Subscribers for Investment Scam; fines Rs. 9.5 Crore
India's securities market regulator Securities and Exchange Board of India (SEBI) has taken action against YouTuber Ravindra Balu Bharti and his company, Ravindra Bharti Education Institute, for operating an unregistered investment advisory business.
The regulator has barred them from participating in the securities market until April 4, 2025, and ordered them to return Rs 9.5 crore, the amount they earned through illegal activities.
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