YouTuber and Financial Influencer Asmita Patel are known as 'Shi Wolf of the Stock Market' and 'Options Queen'
Ahmedabad, Sebi passed by the interim command-shape-showing notice on Thursday (February 6, 2025) by Asmita Patel Global School of Trading Private Limited (APGSOT), Asmita Jitesh Patel, Jitesh Jethalal Patel, King Traders, Gemini and Gemini. Six entities have been banned from entering the capital market. Sebi Bans Financial Influencer Asmita Patel, Five Others from Market
According to Sebi's order, “Sebi has also asked six entities to explain why ₹ 104.63 crore collected as a fee for various programs should not be seized.”
The case is of persons registering in the trading course provided by the Asmita Patel Global School of Trading. The SEBI order states that they were misleaded by exaggerated promises of profits and were forced to pay high fees for minimal or ineffective trading education.
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YouTuber and financial influential Asmita Patel are known as 'Shi Wolf of the Stock Market' and 'Options Queen' and claim to guide more than one million students/investors/participants worldwide. According to the complainants, she [અસ્મિતા] He has a wealth of ₹ 140 crore using its owned system.
“Sebi has also asked six organizations to explain why ₹ 104.63 crore collected as a fee for various programs should not be seized,” according to Sebi's order.
The case is of persons registering in trading courses provided by Asmita Patel Global School of Trading. The SEBI order states that they were misleaded by exaggerated promises of profits and were forced to pay high fees for minimal or ineffective trading education.
YouTuber and financial influential Asmita Patel presents himself as 'Shi Wolf of the Stock Market' and 'Options Queen' and claims to guide more than one lakh students/investors/participants worldwide. According to the complainants, she [અસ્મિતા] He has made a wealth of ₹ 140 crore using its owned system.
SEBI has noted that these six entities were charged as a fee from participants for courses like LMIT (Let's Mac India Trade), MPAT (Masters in Price Action Trading) and Options Multiplier (OM) offered by Asmita Patel Global School of Trading. Is jointly and differently responsible for seizing crores.
By joining these practices, Apgsot, its director Asmita and Jitesh were directed to stop offering non-registered investment consultants by SEBI or to stop and close themselves as investing advisers/research analysts.
“They have also been ordered to stop doing or do any other non-registered or fraud activity in the securities market, directly or indirectly, in any way,” Sebi said.
Sebi goes after the 'She-Wolf' of the stock market. A Recent Sebi Order Against an Influencer, Asmita Patel with 500k YouTube Followers Reveals Much. Patel and related parties made 104 crore over 4 years from stock market courses. Despite claims of experience, they see to have made just 12 lakh in actual trading profit.
