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Zerodha shares most bizarre stock fraud: How a 'lungi' system helped a TV anchor pull off Rs 6.1 crore scam
SEBI has barred former TV anchor Hemant Ghai and his family from the securities markets for five years due to regulatory violations. Ghai misused his position to manipulate stock prices for personal gain. SEBI directed them to return illegal gains worth Rs 6.16 crore, along with interest, and imposed penalties on them and related entities.