Growpital Scam: Will SEBI Refund Investor Money?

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  • Опубликовано: 26 сен 2024

Комментарии • 86

  • @theonlytruelight4341
    @theonlytruelight4341 День назад +12

    SEBI only profits Mr Adani 😂😊

  • @nalinichandrashekar
    @nalinichandrashekar 20 часов назад +10

    Hahaha.. I remember in the 90s my dad has bought so many Teak trees from these agro companies. My dad used to believe that he will own these trees by the time he will retire. After he expired, i gave all those Tree certificates to raddiwala. 😅😃 I learnt a good lesson from this episode.

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    @Putcal7i Час назад +13

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      @ÇhinsunKristen Час назад

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      @Putcal7i Час назад

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      @CarlosRobert-j7m Час назад

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  • @tusharpotdar5762
    @tusharpotdar5762 19 часов назад +4

    My friendly free advice to Growpital, -"give some donation, and buy a peace of mind" 😂 if adani matter could be settle down, than any matter could be resolve and settled. Have a faith I "M"

  • @mohanraj.s728
    @mohanraj.s728 17 часов назад +3

    I differ from your points on this subject entirely. Knowing so many lost their lifetime savings in such schemes already, why invest blindly?. Greedy is the only reason. No regulatory bodies can protect such greedy people from any such disasters. May be those who invested haven't earned the money legitimately. It's only greedy or illegitimate money. Nothing wrong in losing money in such cases. Don't blame the Government or SEBI. They have issued warning ample times.

  • @ukuk179
    @ukuk179 20 часов назад +4

    Excellent analysis and delivery. Investors must be educated

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  49 минут назад

      Thank You .I'm glad you found the information helpful. Please subscribe to our channel for more such content.

  • @ukuk179
    @ukuk179 20 часов назад +4

    Consumer Duty of care is not a key SEBI objectives & deliverabble

    • @adityapatra9183
      @adityapatra9183 20 часов назад

      It actually is.....read the preamble of SEBI act

    • @ukuk179
      @ukuk179 17 часов назад

      @@adityapatra9183 Is it enforced, complainrs data collected & reported? Firms named & sharmed?

  • @mari3489
    @mari3489 21 час назад +2

    I believe the group is still operating in Central Africa.

  • @kishtube3008
    @kishtube3008 20 часов назад +9

    Ponzi? Then why is the founder fighting to return money to investors?
    Why does SAT even exist then and trail is going on?

    • @adityapatra9183
      @adityapatra9183 20 часов назад

      Absolutely!!! People now a days especially journalists who want nothing else but masala to gain trp always jump to conclusions.
      There's no documentary evidence that Growpital is CIS.
      There's no documentary evidence that there has been any kind of fraud but people are already claiming it to be a fraud or Ponzi scheme....sad.

  • @sunitshanbhag9536
    @sunitshanbhag9536 20 часов назад +8

    SEBI Has been proactive. Glad you could explain arguments made by both Growpital And SEBI.
    I believe investor's must only invest in regulated entities governed by either RBI or SEBI.

    • @adityapatra9183
      @adityapatra9183 20 часов назад

      You must be joking right??? SEBI has been investigating since last 7.5 months and neither have they been able to prove that Growpital is CIS nor have they returned the amount that they froze in the escrow account.
      It's a shame that it took an order from SAT to direct SEBI to return the frozen amount to the partners. And guess who proposed this return of the amount??? GROWPITAL!
      For a regulatory agency which claims to be "protector of investors' interest", SEBI has been doing just the opposite till now.
      They handle companies to the tune of Lakhs of crores of market capitalisation and here they are unable to prove with documentary evidence that a small company like Growpital is CIS or not.

  • @ukuk179
    @ukuk179 20 часов назад +1

    Should SEBI approve prospectus like a requirements in US & West?

  • @jamesstephen1516
    @jamesstephen1516 8 часов назад +1

    New scam but old tactics.. thank you for this eye opener

  • @44mahendrasharma
    @44mahendrasharma 14 часов назад +1

    SEBI officials have illegitimate ties with the bank in which the money is frozen. Thats why they are taking too long. I am sure someone from Madhabi Puri Buch's family is employed by the bank as an consultant just like Dhaval Buch and getting paid huge salary or consultant fees.

  • @tusharpotdar5762
    @tusharpotdar5762 19 часов назад +1

    Wow SEBI is still alive, working condition😂 I thought it's gone to deep sleep meditation mode / coma 😂 especially after adani and madhabi saga.

  • @johnwisdom651
    @johnwisdom651 18 часов назад +1

    The large Agtech startups in business currently are also running with huge losses. They are actually new age Agri-input distributorships and Agri-commodity trading setups with a so called "digital platform" at its front end or back end.

  • @Goofy_q
    @Goofy_q 19 часов назад +1

    Very informative. Thank you so much

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  50 минут назад +1

      You're welcome! I'm glad you found the information helpful. Please subscribe to our channel for more such content.

  • @ashokshukla1690
    @ashokshukla1690 2 часа назад

    In Fraud group there is only loot & scoot & enjoy acche din facilitated by SEBI, corrupt & fraud madhabi.

  • @sk-xy9wh
    @sk-xy9wh 5 часов назад

    Sebi favors only Adani.. others not allowed to do business...

  • @ramakrishnanranganathan6830
    @ramakrishnanranganathan6830 2 часа назад

    Dear Sucheta , Thanks for the yeoman service you render. Can you please do an episode on the Lavasa insolvency situation where the previously announced winner, Darwin Infrastructure have now defaulted and the matter is back into the NCLT process. This after around 4 years and crores of fees being spent on the insolvency process. I remember you had done an episode where you have raised questions on Drawin's credibility which to me was suspect from Day 1. Thank you again for your efforts.

  • @smitra3367
    @smitra3367 19 часов назад

    One or two Startup investing portals like Tyke hosted their campaign.

  • @jiteshwarprasadgupta3235
    @jiteshwarprasadgupta3235 19 часов назад

    Realm of Ponzi,Agro Taxfree 60-70% margin,rosy,unreal proposition really,not workable on ground.Optionless, Freeze, Disgorge,max retriev,prompt distribute ,is correct way out of this dubious setup.

  • @SbRaja-lw8gy
    @SbRaja-lw8gy 15 часов назад

    Asm gsm esm norms are screwed by sleeping exchange board to punish retailer's

  • @babypaul001
    @babypaul001 18 часов назад

    Even I was wondering how they were able to induct so many partners. Theoretically it is possible to add n number of partners, but practically above 100 is cesspool. All thanks to the buggy software.😀

  • @ratanbhattacharjee7233
    @ratanbhattacharjee7233 17 часов назад

    As a return for immunity from criminal charges SEBI officials have to share cut money.

  • @tusharmisal9981
    @tusharmisal9981 15 часов назад

    Please help yp get investors money back 😢

  • @vishaalbhatnagar3924
    @vishaalbhatnagar3924 20 часов назад

    I registered and had nearly invested in a Growpital scheme.

  • @Sundip.sharma.11
    @Sundip.sharma.11 10 часов назад

    I feel it's not only the responsibility of regulatory authoritiy's to control such recurrence of scams but also the common people who need to control their greed and be well informed before investing their hard earned money in safe investment.
    If at all they don't understand the nitty gritty of investing then there are many ways to follow for safety of investments.

  • @agnelopereira5856
    @agnelopereira5856 16 часов назад +1

    Thank You madam.

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  52 минуты назад

      You're welcome! I'm glad you found the information helpful. Please subscribe to our channel for more such content.

  • @SbRaja-lw8gy
    @SbRaja-lw8gy 15 часов назад

    Varanium cloud

  • @aloknayak29
    @aloknayak29 15 часов назад

    Why SEBI is not taking this seriously and timely? Because the sum of pooled money involved here in this growpital scam i.e 184 Cr is less than the net worth of Buch family from SEBI.

    • @44mahendrasharma
      @44mahendrasharma 14 часов назад

      This is even less than just Madhabi Puri Buch's net worth excluding her family

  • @skgakoli
    @skgakoli 6 часов назад

    U r in civilised sociery where govt is not resposible for anything 😮😮

    • @husainjam
      @husainjam 3 часа назад

      The government used to be responsible only till a particular year. After that year, any scam is the mistake of the people themselves.

  • @RohiShetty
    @RohiShetty 16 часов назад

    Teak.... 🙂

  • @abbakabb
    @abbakabb 18 часов назад

    Thx Mam for covering this Scam and voicing investors concern

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  51 минуту назад

      You're welcome! I'm glad you found the information helpful. Please subscribe to our channel for more such content

  • @chotaniraju
    @chotaniraju 18 часов назад

    Well explined. But seems our regulators are sleeping😢

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  51 минуту назад

      Thank You .I'm glad you found the information helpful. Please subscribe to our channel for more such content.

  • @stutiveda4550
    @stutiveda4550 2 часа назад

    Very good info & analysis

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  57 минут назад

      Thank You ..Glad you liked it . please subscribe to the channel

  • @nrvsolanki
    @nrvsolanki 19 часов назад

    Thank you for touching this topic.

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  51 минуту назад

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  • @sumitevs
    @sumitevs 17 часов назад

    Thank you for reporting this

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  52 минуты назад

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  • @labonisingh6459
    @labonisingh6459 5 часов назад

    Great exposure 👍🙏

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  56 минут назад

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  • @krishnkantsen6627
    @krishnkantsen6627 21 час назад

    Thank you so much ma'am 💓 for

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  48 минут назад

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  • @sureshlalwani410
    @sureshlalwani410 21 час назад

    Thank you ma'am

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  48 минут назад

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  • @bm8292
    @bm8292 20 часов назад

    Thanks Madam

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  49 минут назад

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  • @raghukodagali
    @raghukodagali 17 часов назад +1

    Shukla mishra...i can hear only brahmin names...😅😅😅Rahul gandhi is correct.

  • @amithbanger5959
    @amithbanger5959 15 часов назад

    SEBI is looking at keeping those funds for themselves especially under the current SEBI chief...NEVER IN THE HISTORY OF INDIA , HAVE FUNDS BEEN RETURNED TO THE INVESTORS. WE ARE NOT A NATION BOUND BY HONESTY AND CERTAINLY NOT THE GOVT OR ADMINISTRATION