SEBI imposed a fine of Rs 10 lakh on YouTuber, banned the channel, more than 19 lakh subscribers, know why this action was taken…

SEBI has banned the YouTube channel of Ravindra Bharti Education Institute and YouTuber Ravindra Balu Bharti. The regulatory board has taken action accusing both of them of running unregistered investment advisory business.

SEBI has barred him from participating in the securities market till April 4, 2025. He has also been ordered to return Rs 9.5 crore. Let us tell you that SEBI has alleged that he earned this amount through illegal activities. Let us know about this matter in detail.

SEBI: Why was YouTube banned?

SEBI, investigating the case, found that Bharti and his company lured inexperienced investors into the stock market through unregistered investment advice, trade recommendations and execution services.

Let us tell you that Bharti has more than 19 lakh subscribers on two YouTube channels. SEBI alleged that they try to influence their followers to promote risky investments.

The company also promoted 'high returns' while failing to disclose the risks involved and operating without SEBI registration.

Along with this, he used tricks and manipulations like selling many investment schemes to investors. SEBI's order emphasizes that Bharti's company has violated security regulations and failed to fulfill its duty to give priority to the interests of customers.

What will be the result?

Apart from the financial penalty and repayment order to the YouTubers, SEBI has banned both of them from indulging in any securities market activity till April 2025. Along with this, they are also prohibited from providing investment advisory services without proper SEBI registration. An additional fine of Rs 10 lakh has been imposed on Bharti and her associates.