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Mumbai Crime: Stockbroker running ‘illegal share trading’ held in Kandivali; made transactions worth Rs 4,672 cr in 3 months
Updated On: 22 June, 2023 09:35 AM IST | Mumbai | mid-day online correspondent
Mumbai Crime: The accused, Jatin Sureshbhai Mehta, arrested from suburban Kandivali on Tuesday, allegedly cheated the government of more than Rs 1.95 crore by not paying various taxes
Representational Image
The Mumbai Police on Wednesday arrested a 45-year-old share broker who allegedly indulged in illegal 'dabba trading' with transactions worth Rs 4,672 crore in nearly three months, an official told news agency PTI.
According to PTI, the 'dabba trading' is an illegal form of trading in shares, where operators of such trading rings allow people to trade in equities outside the stock exchange platform.
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