Who is Avadhut Sathe? Why has SEBI ordered his trading academy to refund Rs 546 crore? - Case explained

SEBI Avadhut Sathe Case: SEBI has directed Avadhut Sathe Trading Academy and its founder, Avadhut Sathe to refund Rs 546.17 crore collected from participants for providing unregistered investment advisory and research analyst services.