Harish began posting videos about finance and investing around five years ago, building a substantial online following.Over the years, he published more than 1,500 videos and amassed more than 1.3 million Instagram followers. He described himself as a financial adviser to "millionaires" and "high-net-worth individuals".He often used music, film clips and photos of global political leaders to make dramatic videos while talking about the rise and fall of the share market and prices of gold and silver.The videos, which broke down financial issues in simple terms, became hugely popular as they coincided with a rapid expansion in India's retail investor base, especially since the 2020 Covid-19 pandemic.The country's largest stock exchange, the National Stock Exchange, said earlier this year it now had more than 130 million unique investors registered with it as opposed to under 30 million in 2019.But in September, Meta took down Harish's Instagram page after receiving complaints he was not registered with Indian market regulator Securities and Exchange Board of India (Sebi) - which is required under law to be able to offer investment advice or manage client portfolios.A back-up account,...

1 hour ago
4










English (US) ·