Market regulator SEBI has banned the famous YouTuber and so-called stock market expert. Mohammad Naseeruddin Ansariwhom people ‘Baap of Charts’ Major action has been initiated against.
SEBI close in on Naseeruddin Ansari and his partner Rahul Rao Padamati Rs 18 crore is due. When these people failed to pay the fine, now SEBI has started the recovery process.
What is the whole matter? SEBI had found in its investigation that Naseeruddin Ansari used to call himself a ‘stock market expert’ without any registration.
He used to sell his ‘educational courses’ to people on social media.
He used to assure people that if they invested the money in the manner suggested by him, they would get ‘Guaranteed Profit’.
In 2023, SEBI had banned him from working in the stock market.
Bank accounts have already been sealed SEBI had sent them a notice in May 2025 asking them to deposit the money within 15 days, but they did not pay the money.
After this, in July and August 2025, SEBI Bank Account, Locker and Demat Account Had been seized.
Mutual fund companies were also ordered to sell their investments and send the money to SEBI.
Now there is a ban on selling property In the new order issued on Monday, SEBI said that there is not enough money in their bank accounts to compensate for Rs 18 crore.
Therefore, now SEBI has banned Naseeruddin Ansari, Rahul Rao and their company ‘Golden Syndicate Ventures’ from its Prohibition on selling, mortgaging or transferring movable and immovable property. Has been installed.
Rahul Rao was ordered by the court (SAT) to deposit Rs 1.20 crore, but he did not agree to that either. Now SEBI will recover the money by selling their property.
Lessons for investors: This action of SEBI is a warning to all those who spend their hard-earned money under the influence of ‘fake experts’ on social media.
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