Enlightening to read about such pump & dump scams..
At some stage, the buck stops with the investor, who put money in random penny stocks without understanding the company hoping to make a quick buck. The participators might have actually gotten away with this if they had been a bit more careful in covering their tracks, which goes to show that investors must be the ones who must be extra careful!!
Great coverage! I just want to highlight that, the trading was done in Dec,21 and SEBI almost done all the investigation in month of March,22 (got almost all conclusive evidence) but still to pass the final order they took 4 more year? (2026)
Enlightening to read about such pump & dump scams..
At some stage, the buck stops with the investor, who put money in random penny stocks without understanding the company hoping to make a quick buck. The participators might have actually gotten away with this if they had been a bit more careful in covering their tracks, which goes to show that investors must be the ones who must be extra careful!!
Great coverage! I just want to highlight that, the trading was done in Dec,21 and SEBI almost done all the investigation in month of March,22 (got almost all conclusive evidence) but still to pass the final order they took 4 more year? (2026)
Thanks for this! Would love to know how MFs do frunt running as well :)