Explained: YouTube influencer fined Rs 9.5 cr for illegal investment advice

On Tuesday, Sebi took action against YouTuber Ravindra Balu Bharti and his company, Ravindra Bharti Education Institute. The regulatory body has barred them from participating in the securities market until April 4, 2025, for allegedly running an unregistered investment advisory business that tricked many inexperienced investors. Sebi also ordered them to give back the Rs 9.5 crore they made from illegal activities, as it was earned in violation of the law.