However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress. Anastasia Vlasova/Getty Images These administrators had built substantial positions in these scrips prior to the circulation of recommendations and offloaded their positions subsequent to rise in price of these scrips, making significant profits at the expense of unsuspecting investors, Sebi noted.
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