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The capital market regulator Securities and Exchange Board of India (Sebi) has crackdown on stock market investment fraud scheme promising 100 per cent return in one month. The move follows after dozens of investors reached out to regulator at its New Delhi office and filed a complaint against a scheme claiming to generate improbable returns.Calling it a business offer, scrupulous entities lured investors through advertisements in local and national dailies in New Delhi. "Invest 12 lakhs, earn 3 lakhs weekly approximately," the ad claimed. "Open online trading account deposit money in your own name with any NSE discount broker," it further said.Sources say Sebi has begun to roundup brokers, suspected of facilitating such trades in the market. The market regulator has also shared with the economic offence wing of the Delhi police."The regulator has approached Delhi police following the complaint against unknown entities. More information being gathered and accordingly action will be ...

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