The Securities and Exchange Board of India (SEBI) has issued an interim order against Ketan Parekh, Rohit Salgaocar, Ashok Poddar, and 22 other entities for their involvement in a front-running scheme. SEBI's investigation uncovered that Parekh, a former stockbroker previously implicated in a major financial scandal, allegedly passed non-public information to his associates, enabling them to execute illegal trades and secure abnormal profits. The regulator has impounded Rs 65.77 crore as part of the ongoing inquiry. The front-running activities reportedly took place between January 1, 2021, and June 20, 2023. SEBI's findings indicate that Parekh was involved in front-running trades related to Tiger Global, a US-based investment firm, which sold shares of PB Fintech on November 11, 2022. The investigation utilized relatively low-tech methods to establish the connections among the individuals involved.