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Mumbai Crime: Stockbroker running ‘illegal share trading’ held in Kandivali
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
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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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