Sebi scans FB accounts for insider trading probe
Market regulator Sebi, for the first time ever, has cited 'mutual friends on Facebook' as evidence to prove charges against an individual in an insider trading case. Sebi found that these entities made unlawful gains by trading the shares of Palred Technologies Ltd while having price-sensitive information. It also impounded over ₹2 crore from 15 individuals connected to the case.