Scamster Ketan Parekh back in Sebi net, banned from market

Sebi has uncovered a front-running scheme involving market operator Ketan Parekh and Singapore citizen Rohit Salgaocar. They, along with associates, manipulated trades of a foreign fund, amassing Rs 66 crore illegally. Sebi barred them and 20 other entities from the market, freezing their demat and bank accounts.