Actor Arshad Warsi claims to have zero knowledge about stocks after being banned by SEBI

The Securities and Exchange Board of India (SEBI) reportedly banned actor Arshad Warsi, his wife Maria Goretti and other individuals from dealing, buying and selling in the securities market.

According to the probe, the actor was among others who uploaded false and misleading videos recommending investors buy shares of two companies -Sharpline Broadcast Limited and Sadhna Broadcast Limited, making huge profits.

However, Arshad has denied these allegations. He took to Twitter on Thursday and requested fans not to believe everything they read. He also shared that he and his wife have zero knowledge about stocks. The actor mentioned that they took advice and invested in Sharda, and like many others, lost all their hard earned money.

He tweeted, ‘Please do not believe everything you read in the news. Maria and my knowledge about stocks is zero, took advice and invested in Sharda, and like many other, lost all our hard earned money.’

On the work front, Arshad Warsi is all set to reunite with Sanjay Dutt for the third instalment of 'Munna Bhai MBBS'.

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