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SEBI cracks down on trading guru after 546 crore course scam
Business
Published on 24 April 2026
SEBI says education cover hid illegal advisory to earn crores
SEBI has moved against Avadhut Sathe Trading Academy and its founder, alleging that “stock market education” was used to run illegal investment advisory operations. The academy reportedly raked in about INR 546 crore since 2015 from courses sold to roughly 410,000 students, prompting regulatory action over misleading promises to young investors.
- SEBI alleges illegal investment advisory under stock-market education branding
- Avadhut Sathe Trading Academy reportedly earned INR 546 crore since 2015
- Courses sold to about 410,000 students, including young learners
- Regulator action highlights risks of “finfluencer” hype
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times