Thousands of investors in India are scrambling to recoup nearly ₹870 crore (nearly $100 million) after…
Tag: Ponzi scheme
ED arrests West Bengal-based businessmen for alleged links to Ponzi scheme
The Enforcement Directorate on Wednesday (November 27, 2024) arrested a father-son duo at the helm of…
Why Ponzi schemes and investment frauds continue to be rampant
The inside pages still have very important stories, especially when it comes to local journalism. While…
ED attaches properties worth ₹25.2 crore belonging to Methuku Ravinder and his associates in Sun Parivar ponzi scheme
Officials from the Enforcement Directorate (ED), Hyderabad Zonal Office have attached properties worth ₹25.2 crore belonging…
Indian banker in London loses over ₹1.2 crore to scamster he met on matrimonial site
She used the name Rekha Shah (alias Ankita Shah) and befriended him before she apprised him…
Solar Techno Alliance crypto scam: the promise of a Ponzi scheme in Odisha
Manoj Kumar Laha, 47, who runs a paan shop in Odisha’s Bhadrak district, 120 km from…
5 Locations Searched In Bengaluru, Karnataka’s Mandya In Ponzi Fraud Case
The search was conducted in connection with a Ponzi fraud scheme case. (File) Bengaluru: The Enforcement…
Special team constituted to probe 2019 case of ₹1,000 crore defrauding of depositors, told Madras High Court
The Economic Offenses Wing (EOW) has informed the Madras High Court to set up a Special…
Why Narayana Murthy’s wisdom on VCs is flawed
At the Nasscom Technology and Leadership Forum, IT veteran NR Narayana Murthy took a dig at…