SEBI's Youtube Pump And Dump Case: Arshad Warsi and family beneficiaries or victims?

While media has been quick to deliver a guilty verdict, information from the SEBI order suggests the actor and his family may have lost more than they gained

Jayant Thakur
March 06, 2023 / 09:20 AM IST
SEBI's Youtube Pump And Dump Case: Arshad Warsi and family beneficiaries or victims?

Actor Arshad Warsi with his wife Maria Goretti. The Warsi family have been deemed to be connected to the alleged scamsters.

Bollywood actor Arshad Warsi is in the news, though for the wrong reasons this time. Countless people, like me, have found this talented actor endearingly hilarious in Munnabhai MBBS. They may have got a sinking feeling when headlines of even mainstream media (e.g., here, here and here) screamed that he and his relatives were alleged by SEBI to have made illicit profits in a stock scam. How far are these allegations justified even as per the SEBI order? Indeed,...