Motilal and no action by SEBI!!

arcus

Well-Known Member
#2
Just came across this article.. thought to post here for betterment of fellow members. We all (retail investors) think SEBI empowers us, but this article shows us how handicapped we all are...

http://www.moneylife.in/article/wip...umer-court-but-got-shafted-by-sebi/28666.html
The army guy is a scamster. You can look at the response of the Finance Minister in the following letter. The guy had a turnover of more than 200 crores and lost money in trading. The collateral was sold by MOsT. This is what any broker would do.

Shame on Moneylife for putting such sensational rubbish for some page views.
 

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