He used to host stocks 20:20 program on CNBC AWAAZ . However now he has been found guilty by SEBI for indulging in fraudulent trading activity.
Report has it that he earned 3 crores of rupees by misusing his position. He opened demat accounts in the name of his family members
The modes operandi of mr. hemant ghai was simply to buy/sell the shares before issuing his recommendation to CNBC AWAAZ TV channel viewers.
The shares he recommends always hit the target with huge volumes in no time. He sells his shares and the guillibe retail investors get trapped as the stocks are not fundamentally sound with little or no volumes of price in the successive days.
After giving his recommendation he used to exist his position by pockting good amount of profit with help of surge in retail investor participation in his recommended stocks.
HOPE THIS ARTICLE IS HELPFUL .
THANK YOU!!!!
AONE.
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