According to an analysis by PRS India, under the Bill, deposit-taking schemes are defined as ‘unregulated’ if they are undertaken for business purposes, and additionally, are not registered with one of the nine regulatory authorities mentioned in the Bill.
In his latest video, Khan says he is suffering from three heart blockages for which he requires immediate treatment. The SIT, probing the IMA case, is yet to react to the video. Khan further says he was on "bed rest for the last 30 days".
Zameer Ahmed has been asked to appear before the ED on or before July 5. According to reports, Zameer Ahmed Khan has business dealings with I Monetary Advisory (IMA) group's founder Mansoor Khan, who is reportedly hiding in Dubai.
A case filed was filed at Ballygunge police station after a few hundred investors of Rose Valley ponzi scheme stormed a south Kolkata hotel, which was run by the chit fund company, demanding their money be returned.