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SEBI bans 2000 scam convict Ketan Parekh in another front-running scam
short by Ashley Paul / on Friday, 3 January, 2025
SEBI banned 22 entities including Ketan Parekh, earlier imprisoned and debarred from securities market for 14 years over 2000 stock market scam, over another front-running scam. SEBI impounded unlawful gains of nearly ₹66 crore after a probe spanning over 20 locations. Singapore-based trader Rohit Salgaocar encashed trade-related information of a "Big Client" by passing it to Parekh, SEBI said.
read more at Moneycontrol