SEBI bans Arshad Warsi, wife from market for pump-and-dump activities
Market regulator SEBI has barred actor Arshad Warsi, his wife Maria Goretti Warsi and several others from the securities markets for periods ranging from 1-5 years. SEBI took the action in a case regarding the alleged price manipulation and subsequent offloading of shares of Sadhna Broadcast Ltd (SBL). YouTube videos were allegedly uploaded with false content to lure investors.