Brightcom Group - Set To Become a Case Study of Fraud & Manipulation

Рет қаралды 57,309

10 ай бұрын

The unprecedented second interim order of the market regulator against the Brightcom Group Ltd (Brightcom) on 22nd August had no surprises for discerning investors, analysts or commentators. It is a bit like Byju’s-everybody had seen it coming for over a year. And yet, the sheer audacity of the fraud, collusion, stock price manipulation and disregard for rules that have been unearthed so far makes this a case study on par with the notoriety of Dinesh Dalmia’s DSQ Software group, Ramalinga Raju’s Satyam Computers and other scandals that will be documented for posterity. Watch this week’s video as Sucheta Dalal takes a deeper look.
For more read: www.moneylife.in/article/brig...
www.sebi.gov.in/enforcement/o...
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Пікірлер: 151

@chayan880 10 ай бұрын

Maam seems same thing happened in Adani group why SEBI is silent??

@vitsboy46 10 ай бұрын

Investigation in progress will be submitted to the SC once done

@Minaldas81 10 ай бұрын

@gurmeetanand5119pata nahi chala ap ne kya likha..

@VictorSamMikey 10 ай бұрын

Ma.chodi Modi ki Gan Chat ti hai sebi. Sebi ki Chairman Adani ka deep throat leke choose ti hai.

@neilyy1982 10 ай бұрын

Shankar Sharma has lost his credibility forever....

@gkpoonjatt1792 10 ай бұрын

Amazing...can't believe that such manipulations could ever happen... Thanks Mme for reporting this issue so well...

@ravindarsingh3002 10 ай бұрын

The company changed its name like an agent on a spying mission.😂

@MrCCSquad 10 ай бұрын

Those who committed fraud should be given highest punishment

@biswajitpakrashi8373 10 ай бұрын

Thanks for your informative video. It's an eye- opener for those retail investors who fail to see abnormal growths in a company and abnormal financials . Mr Sankar had , on one of the TV Channels given indications of buying a stock about a month or two back, which was around 200 and is now around 290 levels. May God save the retail investors .

@fridge_magnet 10 ай бұрын

Shankar Sharma came across as a fraud to me.

@nachiketadave1942 10 ай бұрын

Great job madam and great lessons for investors!!

@rajshailey92 10 ай бұрын

Thank you for putting it out so clearly💐...it will be extremely helpful in our own dealings🙏

@gauravkapoor3600 10 ай бұрын

U r an encyclopaedia. It’s a real pleasure to listen to every video. Too good. U do excellent research & that’s what we love.

@MoneylifeNewsBites 10 ай бұрын

So nice of you

@gauravkapoor3600 10 ай бұрын

@@MoneylifeNewsBites I feel financial terrorists damage the country far more than any other person. Edelweiss appears to b another company .. Tilaknagar industries Ltd adopted to dodgy accounting practices & falsification of books…account became NPA & Edelweiss entered with one time settlement… made it clean. The crook promoter sits happily even now Many promoters are US or foreign citizens .. their dummies running companies here. SEBI needs advisors like u to assist them.

@advocatesharadkumarshukla2007 10 ай бұрын

You are confirming the interim order. Good

@luismoniz2347 10 ай бұрын

Excellent and insightful analysis. Thanks Sucheta

@chandubai 10 ай бұрын

When will SEBI go after ADANI Cos ? 😅😅😅 iss hamam mai sabb Nange hai

@rahuldeans5428 10 ай бұрын

Very well reported.

@hemantshah8880 10 ай бұрын

Great study

@shubchatt 10 ай бұрын

Great piece Ms. Dalal..

@awsomeslayer1 10 ай бұрын

Mam, can you give a similar report of Future Groups shares? Why are these group’s stock still trading on NSE?

@123xyzabccba 10 ай бұрын

Sarma is caught with his pants down 😂

@z2zugzwang 10 ай бұрын

Not the first time

@superinvestor4022 10 ай бұрын

One more thing sebi doesn't kw yet SURESH REDDY is NOT PARTNER OF ALL LLPs WHICH HE INDUCTED AS PROMOTERS GROUP IN SHARE HOLDING 😂😂😂😂

@trpaarvai6545 10 ай бұрын

Thanks for this informative video.

@anupamrana2923 10 ай бұрын

Next company Tanla platform

@nitinjoshi6216 Ай бұрын

It's really strange that in India such scams are doing well and every time they get away easily. Offences punishment should act as a deterrent here it acts as a way to move forward

@basavarajaiahd2367 10 ай бұрын

AUDITORS ARE REAL CRIMINALS IN OUR COUNTRY

@annamalaian0711 10 ай бұрын

Now should anybody tell “not all”?

@LetsbeHonest97 10 ай бұрын

I invested in it and made a massive profit off of it... God knows which poor chump I sold off my stock to...

@arunmarwaha6724 10 ай бұрын

Thanks 🙏

@kushalghaskadvi7591 10 ай бұрын

Hello Madam, You do a great public service by creating awareness by reflecting all that a normal investor should be at look out for. I would luv to see the series where you can reflect upon ways a common investor could see the red flag in these fraudulent companies. May be a long series on how you would have identified such companies based on there financial statements

@sunilkumbhar6364 10 ай бұрын

Madam, Plz also make detailed video on Vedanta ltd. Why the company tried to delist at throw away price, and when retail investors sold in panic, the promoters buyed( looted) in open market. Nd much more......to dig into crave of Anil Agarwal.

@rakesh9505 10 ай бұрын

WHEN SEBI WILL DO SUCH INVESTIGATIONS IN ADANI GROUP COMPANIES WHERE SHARE PRICES RISEN FROM RS.30 TO 4000 IN JUST 2-3 YEARS WITHOUT ANY MAJOR FUNDAMENTAL CHANGES.

@puneri743 10 ай бұрын

Also madam please investigate what has happened with Sintex Industries and SPTL and the role of NCLT

@ramamohanaraonamburu4946 10 ай бұрын

good morning madam. if possible please show about eki energy share details also. the promoters of the EKI energy also not showing any financial results and announcements about updated events

@Ramkumar-xv4ui 10 ай бұрын

I have BCG shares what to do

@preranpjm1 10 ай бұрын

Wow! A so called "famous" financial influencer from INSEAD business school and now settled in Goa had mentioned this stock as a multibagger stock.

@fridge_magnet 10 ай бұрын

He kind of called it a sketchy in that video. The 11-12x price appreciation came out of nothing etc.

@Asmitakulkarni16 10 ай бұрын

Akshat Shrivastav it is...

@mendax2014 9 ай бұрын

The Sebi order is fascinating to read

@gangisettiprabhaker1665 10 ай бұрын

I am afraid the balnce sheet and profit and loss statements are also fudged. Sebj should investigate into the same .

@zerin. 10 ай бұрын

Thank u mam

@part2759 10 ай бұрын

Should have talked about fundamental business performance also... What ot does, volume, clients, quality of jobs etc. These are stock market manipulation for personal gain of promoters..... Do you think other co.s do not do this. It is only a matter of scale

@mechmaxds 10 ай бұрын

Thanks for the video, Ma'am. Could you upload higher resolution versions of the video so that I can read the names of the books on your bookshelf? It would be even better if you could recommend books.

@kayjc0975 10 ай бұрын

thank u

@jf8161 10 ай бұрын

Perspicacious and incisive!

@Beimpartial 10 ай бұрын

Why not talk about adani now. ❓

@neilyy1982 10 ай бұрын

How can such companies get listed in NSE without these checks?

@navinbogi6125 10 ай бұрын

Why don't u make videos on Adani Group... Are u scared of Adani...?

@SuchetaMoneylife 10 ай бұрын

Yes absolutely terrified - also there is such a shortage of videos on the subject right? Without this hack also doing it? But yeah, I am terrified - happy???? Would request you to make one instead. I would be love to watch and share. And so make it as hard hitting as you would like mine to be.

@dharsh1609 9 ай бұрын

U could have requested it, what is the need of shaming.

@deepakkrishna100 9 ай бұрын

Atleast SEBI should take the money from promoters and pass it on to retail public. What is the way now to eacape in ongoing series of LC's

@sunils8419 10 ай бұрын

Nice

@hemantmarathe1590 10 ай бұрын

Madam ... Please.... Make informative video on.LAVASA takenover by DARWIN... Please Please Please.

@kanhagaur9690 10 ай бұрын

Conclusion ?

@MKumar123 10 ай бұрын

Great piece of Information as usual.

@JobNaukarii 10 ай бұрын

You were when stock was flying high, when people was getting trapped. ??

@akashpawar189 9 ай бұрын

Why can't SEBI send copy of such critical orders to the exchanges directly

@honest307 10 ай бұрын

should Shankar sharma be depotted from UAE as a affinancial criminal

@honest307 10 ай бұрын

@@rohankubasad1821 for actively conniving at fraud and helping market manipulation. He is involved in such things earlier also and had got into trouble with SEBI. Since then , he relocated to UAE.

@vedmadhu8799 11 күн бұрын

One thing regarding "New kind of investors - the naivete who believe in this company" This is a very old, very human phenomenon - Cognitive dissonance. The bias of the investor (Which most smart investors are aware about). Humans' Unwillingness to accept our own stupidity.

@sanjaypatil3895 Ай бұрын

Mam why sebi waited for six months to take next action & gave chance to Skr & team continue their malpractices

@mpjain 10 ай бұрын

Good👍

@sactemp777 10 ай бұрын

Amazing these PPL are showing fabricated bank statement saying we go the money...😅😅 धन्य हो प्रभु🙏

@QuantifyReasearch 10 ай бұрын

Mam why your team are'nt short those fraud stock and gain from this.

@shripadwarudkar6487 10 ай бұрын

How come the company WAS ABLE TO SIT ON LETTERS FROM INVESTIGATING AUTHORITIES AND CONTINUE TO DO NEFARIOUS FINANCIAL ACTIVITES? WHY THE TOP OFFICIALS OF THE ACCOMPLICES/AUDITORS, AND THEIR MULTIPLE SUBSIDIARIES WERE NOT TAKEN INTO CUSTODY, WHY THOSE AUDITING FIRMS NOT STOPPED FROM OPERATING...

@anc4611 10 ай бұрын

SEBI has done a good job but it does not have teeth. The matter will go to court and fraudsters will go Scot free. That is the tragedy. Just prevention of sale of shares is not enough

@hi2indranil 10 ай бұрын

Put something about adani

@siddhmadia5803 10 ай бұрын

I have invested 2.5 lakhs buying shares at a price of 100.2 which was last year, what should i do? Should i keep it or sell it at ₹20? Please help me out

@India1947r 10 ай бұрын

even I bought at 97 but sold of at 49 taking loss of 50k thank God I sold it

@omgomg3002 10 ай бұрын

You should sell and salvage any amount possible.

@hithakcer 9 ай бұрын

If it's not a big amount for you then you can wait and watch rather than selling.

@Minaldas81 10 ай бұрын

Madam make video of GG ENGINEERING THIS COMPANY COMES TWO TIME OF RIGHT ISSUE IN ONE YEAR..

@SandeepSahajpal 9 ай бұрын

This video will only trigger more sell orders. Let’s see how the share fare in times to come.

@ddgalanc 10 ай бұрын

Madam can you please comment on Binny Ltd after SEBI won the case in SC and after the forensic audit confirming siphoning off huge amount of funds 850 Cr. CA Dhiraj D Gala

@ChandanSharma-fm8in 10 ай бұрын

😢

@AbhishekKumar-sz9fl 10 ай бұрын

Ma'am pls cover the brokerage referral schemes which are running amok. Gullible people are duped into opening accounts with these links in exchange for learning videos and stock tips. These tips and videos serve no purpose. People feel duped by the end of it.

@2005kpboy 10 ай бұрын

Shankar Sharma

@sauravpanja2727 10 ай бұрын

Informative video but too late. Damage has already been done to lakhs of shareholders.

@dilipghosh5852 6 ай бұрын

Can u please tell me after so many serious allegations of SEBI , why they didn't stop trading of BCG . over and above they increased the circuit limit . As far as name changes is concerned have you heard the names of TATA TEA, TATA GLOBAL BEVERAGE, now it is TATA CONSUMER. Please tell something concrete with valid documents and logical .

@shifaatmohammedakber7788 9 ай бұрын

Any hope from Government to restore faith of retail investors on this issue, or will this also passes away as other cases of manipulation geniuses 😢 ?

@nishant4262 9 ай бұрын

UAE government or Indian government? Mr Shankar lives in Dubai. Already went to jail in 2002. He abused the current BJP government and used propaganda even way back in 2002 against mr Vajpayee!

@deepakkrishna100 9 ай бұрын

Can anyone answer this query please? Promoters and LLP all frauds and their money now locked and Sebi also can take action against them... All ok. But we retailers also got lockyand now stock is in LC. we cant sell and take remaining holdings. What to do now?

@deepakkrishna100 9 ай бұрын

SEBI who is finding all these frauds doesn't have a clause to protect retailers. Now as small investor I think if nothing has been found and blown by SEBI, normal trading would have happened and retailers can escape.

@manmolsuri 9 ай бұрын

If you are caught you are a crook if not the crooked have their way.

@chittineninarasimharao4514 10 ай бұрын

Briliant shakar sharma doomed by his greed .. .

@modiinternationalfoodz2356 10 ай бұрын

nothing is gonna happpen to them -- they will get relaxation after paying funds to the Investigating Officers

@bhaveshpremji7473 10 ай бұрын

Shankar sharma's track record is very bad. He lies as bout his performance in public domain.

@drmartindcosta9930 10 ай бұрын

Sebi is watch dog to protect investors.....why are we in loss for manipulation by company ??. Sebi should sell brightcom assets n give a buyback to all investors....that should be the punishment ..can someone please go to court .....this van happen all the time ...whats the use of rosy fundamentals

@RahulYadav-rq1gn 10 ай бұрын

Lycos global

@coimbatoretamilnadu5934 9 ай бұрын

Sebi supporting (indirect) only adani

@getlucky8952 9 ай бұрын

Big names like Shankar Sharma too are big frauds?

@vivekshivdasani9521 10 ай бұрын

SEBI is going great guns under the very able stewardship of Madhuri Buch.

@churabhok2869 10 ай бұрын

Brightcom is allowed to do anything that they want ....they own the country

@getlucky8952 9 ай бұрын

ShankarSharma is a media darling..

@anandrangachari3219 10 ай бұрын

Shankar Sharma Zindabad !

@sarceexplores 10 ай бұрын

Idiot called it the next Amazon on Twitter 😂 or something about its fundamentals being ignored like Amazon in its earlier days

@anilsangeeta1 10 ай бұрын

No bodycan touch Shankar Sharma .

@sarceexplores 10 ай бұрын

@@anilsangeeta1 why?

@muthuraman77 8 ай бұрын

Infibeam Avenues🎉🎉

@paramveerssachdeva 10 ай бұрын

Fraudsters assets should be sold and they should be jailed.

@gautamjha9950 10 ай бұрын

I would like to hear more on company business rather than what problem with share allotment.. Is company business is fake then why they are showing profit and paying tax to government. Sometime investment is calculated risk, if there is no negative news then you won't be able to find a script with such low PE, I would like to hear more on BCG business rather than share allotment issue because share allotment issue is already in public domain and if company business is not false then shareholder will get there dues sooner or later.

@dhirajlalkhanpara9952 10 ай бұрын

Ok. Now it's proved that promotors are thieves. BUT what about business, review, profit, fcf, reserve etc? Sebi is doing FA since last two years, and published two interim orders. But never gave a single adverse comment about business. Try investigate on business/financial side.

@omprakashgautam1882 10 ай бұрын

Kya aap log pahle nahi bana sakte.

@neptuneanalytics4006 10 ай бұрын

What was sebi doing till now...? Y did sebi removed BCG Out from ASM 4 n make it free trade....y did SEBI take BCG in Nifty 500, sebi knew it that this stock is with irregularities then they should had kept it in hold....u r equally blamed for fooling innocent retailors....not only BCG sebi is equally blamed here...!

@DeepakValecha 10 ай бұрын

Still a baby sized scam compared to Adani 😂

@armanrar2818 10 ай бұрын

Don't jump to conclusions first let SEBI decide what is the whole matter is

@putnaik9144 4 ай бұрын

Jumping to conclusions😂? Please use your brain and read the sebi report.

@surajitpal5559 10 ай бұрын

I booked loss of 13L in this stock, script name BCG!!! 😢fraud and Sankar sharma!! Gandu and news channel!

@omgomg3002 10 ай бұрын

Really????

@pronaydhwoj1213 10 ай бұрын

It is too late to say BCG financials are manipulated. Why were SEBI sleeping when they were continously posting quarterly results with higher revenue and profit (that too after first interim order). Please dont post videos just for the sake of money/attention. If BCG is corrupt SEBI is equally corrupt/slow in their investigation.

@pronaydhwoj1213 10 ай бұрын

Please stop taking advantage of all scams and give yourself credit. Ridiculous. All that you have posted is common knowledge to most investors. Stop blaming us instead blame governtment for such slow investigation. They could not even proove in 3 years that company financials or business in Israel/US is fake

@putnaik9144 4 ай бұрын

@@pronaydhwoj1213correct point

@drago4803 10 ай бұрын

Started ur school class leader job. If have the guts write and make a video on adani group,how it beat the hidenburg report allegation,sebi's dilema on acting against them,supreme court's support to the group and criticize them all for playing the crony capitalism card. Try doing that if have the guts

@MK-lh3xd 10 ай бұрын

Why don't you do that? Don't you have guts?

@vidhyabhushanbaraily8890 9 ай бұрын

Due to this so called journalist.. only guy was targeted...

@ravindarsingh3002 10 ай бұрын

I heard Shankar Sharma giving advice: " diversify your portfolio by investing outside India to avoid country specific risks".

@2005kpboy 10 ай бұрын

Sons of bitches are these experts. Follow the numbers not their advice

@menkians4254 10 ай бұрын

Plz u stay out dis market bcz of u we lost harshad mehta

@SuchetaMoneylife 10 ай бұрын

Was he related to you? Did you know what he did? Are you even aware that he was just ONE of the many brokers, scamsters, banks, and finance companies that were part of the mega scam of 1992? Did you read the Joint Parliamentary Committee report? Do you attend special court hearings? Do you think an act was promulgated for scam-related offenses? How about just a little bit of education and knowledge? Since all your learning came from a TV series, why not look at that also with an open brain?