SEBI Orders Finfluencer Ravindra Bharti To Return ₹12 Crore In Illegal Gains

Famous finfluencer Ravindra Balu Bharti faces SEBI's demand to return Rs 12 crore due to termed 'unlawful gains.' Bharti, with over 2 million followers, co-founded RBEIPL with his wife in 2016, allegedly fronting as an unregistered advisory. Sebi also banned Bharti and his wife from the securities market and demanded the deposit of funds in an interest-bearing escrow account. Bharti's YouTube channels, previously platforms for financial advice, are now under SEBI scrutiny. The regulator's action aims to safeguard investor interests amid promises of up to 1000% returns. SEBI emphasizes investor protection, transparency, and disclosure to maintain market integrity.