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Saturday, April 04, 2020

Ponzi scam


CBI arrests Pailan Group CMD in Rs 574-crore ponzi scam

October 29, 2019 8:01 pm

A source in the agency said that Saha had in connivance with others raised around Rs 574 crore from the public through various illegal schemes.

Chit fund scams: CBI questions Bengal minister, ex-top cop

August 17, 2019 4:45 am

A week after TMC MP Derek O' Brien was summoned by the CBI in connection with Saradha chit fund scam, Chatterjee appeared before the agency at CGO complex in Salt Lake here Friday.

Ponzi scam: ED attaches Rs 300-crore assets of Telangana group

August 16, 2019 5:07 pm

The attached properties belong to promoter Nowhera Shaikh, arrested by the ED in the case, of Heera Group of Companies and others, and are spread across multiple states.

Ponzi scam: IMA founder may have kept bribe records

August 05, 2019 7:19 am

The names of several top police officers who served in the eastern jurisdiction of Bengaluru city are present in the records maintained by the alleged scamster.

Explained: What the Bill to curb Ponzi schemes says

August 01, 2019 6:56 am

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.

IMA Ponzi scam: Accused kingpin Mansoor Khan brought back

July 20, 2019 5:01 am

Mansoor Khan is accused of perpetrating a scam worth more than Rs 1,500 crore on over 40,000 investors through his company’s Ponzi investment scheme.

Bengaluru news: Top stories - July 15

July 15, 2019 8:34 pm

Welcome to your one-stop destination for the top news from Bengaluru on July 15.

IMA scam: Bedridden for last 30 days, want to return in 24 hours, says Mansoor Khan in video

July 15, 2019 7:44 pm

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".

IMA scam: ED summons Karnataka minister Zameer Ahmed Khan on July 5

June 29, 2019 4:49 pm

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.

Ponzi scam: Kolkata HC asks CBI officer to not appear before court, sets aside order

February 26, 2019 8:59 pm

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.