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By Vinod Pathak , 31 May 2025
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Sebi Cracks Down on High-Profile Stock Manipulation: The Sadhna Broadcast CaseSebi Cracks Down on High-Profile Stock Manipulation: The Sadhna Broadcast Case

In a decisive move, the Securities and Exchange Board of India (Sebi) has barred actor Arshad Warsi, his wife Maria Goretti, and his brother from the securities market for one year, following their involvement in a stock manipulation scheme linked to Sadhna Broadcast Ltd (now Crystal Business System Ltd). The scheme, which employed deceptive YouTube videos and paid promotions, was designed to inflate the stock’s value before unloading it on unsuspecting retail investors.

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