Latest news with #SBL
Globe and Mail
21-07-2025
- Business
- Globe and Mail
Shamayev Business Law Launches Client Onboarding System to Streamline U.S. Visa Process
Navigating the U.S. immigration system involves a maze of legal complexities and paperwork – a daunting task for those without specialized knowledge. According to the U.S. Department of State, more than 152,000 immigrant visas were issued to immediate relatives of U.S. citizens in the first six months of the 2024 fiscal year – a record-setting figure. Yet, approval rates for work-related petitions, such as the EB-2 NIW category, dropped sharply from 80% to 43%, underscoring the growing importance of precision and completeness in immigration filings. Shamayev Business Law (SBL), a Florida-based legal corporation, that specializes in legal support for talent, business and investor immigration to the U.S. since 2015, in July 2025 announced the rollout of a client onboarding system designed to reduce the risk of procedural delays – a common and costly issue when a client is not in time with information or documents requested for the case filing. 'The onboarding process is a step-by-step engagement plan that establishes a six-month framework for legal partnership,' the firm's press office stated. 'It ensures timely, structured information exchange to build a strong evidentiary foundation. By improving our internal workflow, we're minimizing case preparation delays and enhancing overall efficiency'. SBL's attorneys emphasize a structured, end-to-end approach to each case. The first month of the immigration process is considered particularly critical – it's the stage where the client's full involvement is essential. Some information may need to be clarified; other materials may prove irrelevant or insufficient. The new onboarding model breaks the process into manageable phases, supported by pre-designed templates and document tables that applicants must complete within specific deadlines. Shamayev Business Law notes that the new onboarding system not only improves client interaction but also marks a strategic step toward internal process automation. About the firm: Founded in 2015, Shamayev Business Law focuses on talent and business immigration. Over the past decade, the firm has helped secure more than 3,400 visas for clients ranging from entrepreneurs and investors to tech professionals and creatives. In the last three years alone, SBL has received inquiries from individuals across 44 countries, reflecting the enduring global appeal of the United States as a hub for business and professional growth. The firm also offers free preliminary case evaluations, allowing prospective clients to assess their eligibility, understand the risks involved, and explore the most suitable visa strategy based on their profile. Media Contact Company Name: Shamayev Business Law Contact Person: PR team Email: Send Email Country: United States Website:
Gulf Today
30-05-2025
- Business
- Gulf Today
SEBI bans Bollywood star Arshad Warsi, wife, 57 others from securities markets for up to 5 years
Markets regulator the Securities and Exchange Board of India (SEBI) on Thursday barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 others from the securities markets for periods ranging from 1-5 years. The regulator imposed a fine of Rs 5 lakh each on Warsi and his wife, Maria. The decision came in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhana Broadcast. SEBI found that Arshad Warsi had made a profit of Rs41.70 lakh and his wife earned a profit of Rs50.35 lakh. "It is noted that Arshad Hussain Warsi in his statement recorded before SEBI on June 27, 2023, stated that apart from placing trades in his own account, he was also trading from the accounts of his wife (Noticee 61) and brother (Noticee 62). It is further noted from the submissions of Noticee 60 that Aahuti Mistry acted as the manager of Arshad Warsi,' according to the SEBI order. SEBI also levied penalties in the range of Rs 5 lakh to Rs 5 crore on 57 other entities, including promoters of Sadhana Broadcast (now Crystal Business System Ltd). Apart from the debarment, SEBI also directed these entities to disgorge total unlawful gains of Rs 58.01 crore along with 12% interest per annum from the end of the investigation period till the date of actual payment. The capital markets regulator said the masterminds behind this whole operation were Gaurav Gupta, Rakesh Kumar Gupta and Manish Mishra. Subhash Aggarwal, who also happened to be a director of the RTA of Sadhana Broadcast Ltd, acted as the go-between Manish Mishra and the promoters, the order stated. SEBI received complaints, alleging that there was price manipulation and subsequent offloading of shares in the scrip of SBL. It was also stated in the complaints that YouTube videos were being uploaded with false content to lure investors and a paid marketing campaign worth crores was undertaken to make the videos reach a wider audience. The complainant also provided links to YouTube videos, names of YouTube channels and dates when the videos were uploaded. SEBI examined the complaints and prima facie found that net sellers in the shares of SBL were connected to the creator of YouTube channels, wherein videos with false content and unrealistic target price for the scrip were uploaded with the intention to influence and induce public investors to invest in the scrip. "Search and seizure operations were conducted at the premises of 15 Noticees wherein various documentary and electronic evidences were gathered and statements of various Noticees were recorded on oath," according to the markets regulator. Indo-Asian News Service
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First Post
30-05-2025
- Business
- First Post
Sadhna Broadcast: Here's why Sebi bans actor Arshad Warsi, wife Maria Goretti & 57 others from markets for up to 5 yrs
The regulator imposed a fine of ₹5 lakh each on Warsi and his wife Maria. The couple were restrained by the markets watchdog from the securities market for 1 year, as per an order passed by Sebi on Thursday. read more Markets regulator Sebi has barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 other entities from the securities markets for 1-5 years in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhna Broadcast. The regulator imposed a fine of ₹5 lakh each on Warsi and his wife Maria. The couple were restrained by the markets watchdog from the securities market for 1 year, as per an order passed by Sebi on Thursday. STORY CONTINUES BELOW THIS AD Sebi has also levied penalties of ₹5 lakh to ₹5 crore on 57 other entities, including promoters of Sadhna Broadcast (now Crystal Business System Ltd). Apart from the debarment, Sebi directed these 59 entities to disgorge total unlawful gains worth ₹58.01 crore along with 12 per cent interest per annum jointly and severally from the end of the investigation period till the date of actual payment. Sebi noted that Arshad had made a profit of ₹41.70 lakh and his wife earned a profit of ₹50.35 lakh. In the final order, Sebi found that the masterminds behind this whole operation were Gaurav Gupta, Rakesh Kumar Gupta and Manish Mishra. Subhash Aggarwal, who also happened to be a director of the RTA of Sadhna Broadcast Ltd (SBL), acted as the go between Manish Mishra and the promoters, the order stated. These individuals were the central characters who planned and executed the manipulative scheme, Sebi said. Further, the regulator observed that Peeyush Agarwal and Lokesh Shah facilitated accounts controlled by them to be used for the manipulative designs of Manish Mishra and the promoters of SBL. The former was a dealer at Choice and the latter the owner of the Delhi franchise of the stockbroker. They were both vital cogs who facilitated large scale manipulation in the scrip. Similarly, Jatin Shah played a leading role in operationalising the scheme, while other entities facilitated the manipulative designs or were in it to make a quick buck, the order said. STORY CONTINUES BELOW THIS AD As per the 109-page order, Sebi said the noticees (entities) have acted as information carriers or assisted in placing the manipulative trades, but not traded in the scrip from their own accounts. Sebi said the structured scheme executed in two coordinated phases. In the first phase, connected and promoter-linked entities executed trades among themselves to steadily inflate the price of the scrip and create a false appearance of market interest. These trades though often small in volume had a disproportionate impact on price due to low liquidity, allowing the perpetrators to push the scrip upward with relatively minimal trading outlay. In the second phase of the scheme, misleading and promotional videos were disseminated across YouTube channels such as Moneywise, The Advisor, and Profit Yatra, all operated by Manish Mishra, the order said. These videos presented SBL as a promising investment opportunity and were timed to coincide with and amplify artificial market activity, it added. 'The overall conduct of the noticees has revealed a classic pump-and-dump scheme. The price was systematically pushed upward through collusive trading, followed by aggressive promotional activity to draw in retail investors, and finally, a coordinated sell-off by the promoters,' Sebi's whole time member Ashwani Bhatia said in the order. STORY CONTINUES BELOW THIS AD Accordingly, these 59 entities violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) rules. In addition, Sebi said that no monetary penalty is being imposed on Varun Media Pvt Ltd, a promoter entity, due to pending insolvency proceedings. However, the direction for disgorgement will remain applicable and proceedings against the company will be decided through a separate order. The order came after the Securities and Exchange Board of India (Sebi) received complaints during the period July-September 2022, alleging that there was price manipulation and subsequent offloading of shares in the scrip of television channel SBL. The complaints alleged that misleading YouTube videos with false content about the company were uploaded to lure investors. Thereafter, Sebi conducted a detailed investigation into the alleged manipulation in the scrip of SBL for the period March 8, 2022 to November 30, 2022. Sebi said that an interim order was passed by the regulator in March 2, 2023 against 31 entities, including promoters of SBL. STORY CONTINUES BELOW THIS AD
NDTV
30-05-2025
- Business
- NDTV
SEBI Bans Actor Arshad Warsi, 58 Others From Securities Markets For Up To 5 Years
New Delhi: Markets regulator Sebi has barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 other entities from the securities markets for 1-5 years in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhna Broadcast. The regulator imposed a fine of Rs 5 lakh each on Warsi and his wife Maria. The couple were restrained by the markets watchdog from the securities market for 1 year, as per an order passed by Sebi on Thursday. Sebi has also levied penalties of Rs 5 lakh to Rs 5 crore on 57 other entities, including promoters of Sadhna Broadcast (now Crystal Business System Ltd). Apart from the debarment, Sebi directed these 59 entities to disgorge total unlawful gains worth Rs 58.01 crore along with 12 per cent interest per annum jointly and severally from the end of the investigation period till the date of actual payment. Sebi noted that Arshad had made a profit of Rs 41.70 lakh and his wife earned a profit of Rs 50.35 lakh. In the final order, Sebi found that the masterminds behind this whole operation were Gaurav Gupta, Rakesh Kumar Gupta and Manish Mishra. Subhash Aggarwal, who also happened to be a director of the RTA of Sadhna Broadcast Ltd (SBL), acted as the go between Manish Mishra and the promoters, the order stated. These individuals were the central characters who planned and executed the manipulative scheme, Sebi said. Further, the regulator observed that Peeyush Agarwal and Lokesh Shah facilitated accounts controlled by them to be used for the manipulative designs of Manish Mishra and the promoters of SBL. The former was a dealer at Choice and the latter the owner of the Delhi franchise of the stockbroker. They were both vital cogs who facilitated large scale manipulation in the scrip. Similarly, Jatin Shah played a leading role in operationalising the scheme, while other entities facilitated the manipulative designs or were in it to make a quick buck, the order said. As per the 109-page order, Sebi said the noticees (entities) have acted as information carriers or assisted in placing the manipulative trades, but not traded in the scrip from their own accounts. Sebi said the structured scheme executed in two coordinated phases. In the first phase, connected and promoter-linked entities executed trades among themselves to steadily inflate the price of the scrip and create a false appearance of market interest. These trades though often small in volume had a disproportionate impact on price due to low liquidity, allowing the perpetrators to push the scrip upward with relatively minimal trading outlay. In the second phase of the scheme, misleading and promotional videos were disseminated across YouTube channels such as Moneywise, The Advisor, and Profit Yatra, all operated by Manish Mishra, the order said. These videos presented SBL as a promising investment opportunity and were timed to coincide with and amplify artificial market activity, it added. "The overall conduct of the noticees has revealed a classic pump-and-dump scheme. The price was systematically pushed upward through collusive trading, followed by aggressive promotional activity to draw in retail investors, and finally, a coordinated sell-off by the promoters," Sebi's whole time member Ashwani Bhatia said in the order. Accordingly, these 59 entities violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) rules. In addition, Sebi said that no monetary penalty is being imposed on Varun Media Pvt Ltd, a promoter entity, due to pending insolvency proceedings. However, the direction for disgorgement will remain applicable and proceedings against the company will be decided through a separate order. The order came after the Securities and Exchange Board of India (Sebi) received complaints during the period July-September 2022, alleging that there was price manipulation and subsequent offloading of shares in the scrip of television channel SBL. The complaints alleged that misleading YouTube videos with false content about the company were uploaded to lure investors. Thereafter, Sebi conducted a detailed investigation into the alleged manipulation in the scrip of SBL for the period March 8, 2022 to November 30, 2022. Sebi said that an interim order was passed by the regulator in March 2, 2023 against 31 entities, including promoters of SBL.
West Australian
30-05-2025
- Sport
- West Australian
Geraldton Buccaneer Alex Ducas is one step closer to an NBA championship ring with Oklahoma City Thunder
Former Geraldton Buccaneer Alex Ducas is one step closer to an NBA championship ring with Oklahoma City Thunder. Thunder have stormed into the NBA finals for the first time since 2012, dominating in the regular season and booking the finals berth after a 4-1 semifinal series win over the Minnesota Timberwolves. Ducas messaged his dad Aaron after the game on Thursday, telling him the team felt confident in their play and that they're looking forward to the finals. When asked about having an NBA championship ring in the house, Aaron Ducas told the Geraldton Guardian on Friday: 'Yeah, it's huge, slightly better than the SBL title, it would be amazing.' 'He's put all the hard yards in, done all the little things to get him where he is, and he deserves every accolade he can get.' While Ducas hasn't had game time since mid-April he is still on the roster as a two-way player and could get some minutes on the court should the Thunder roll deep into the finals series. Competition is fierce within the squad, with teammate Jalen Williams combining with NBA MVP Shai Gilgeous-Alexander and Chet Holmgren to score 170 points in games four and five against the Timberwolves. Luc Longley is the only West Australian basketballer to have won an NBA championship. In fact, he has won three. Ducas debuted in 2016, playing 51 games over four seasons for the Buccs, including the SBL championship in 2019, the same year he was named NBL1 youth player of the year. He played a full five years of college basketball in the US, for St Mary's Gaels in California. The 24-year-old signed with the Thunder mid-2024 and has played 21 games in the 2024-25 season, averaging six minutes and 1.7 points a game. Oklahoma will face either the New York Knicks or the Indiana Pacers in a best-of-seven series, starting June 6.
