High returns in less time may mean big trouble: Sebi

NEW DELHI, Aug 3 (PTI): As it goes after fraudsters who dupe gullible investors of their hard earned money, capital markets regulator Sebi has launched an all-out mass media campaign to make the public aware about troubles of investing on hearsay and in pursuit of high returns in less time.

Using various media including TV, radio and print, the Securities and Exchange Board of India (Sebi) is specially targeting the collective investment schemes (CIS) wherein investors are promised doubling of their investments within a few months, or guaranteed fixed returns for their entire life after investing some millions of rupees.