Follow Us:
Saturday, August 08, 2020

ponzi schemes


Explained: How Banning of Unregulated Deposit Schemes Bill save common investors

July 30, 2019 4:59 pm

In essence, all deposit schemes, with or without interest, except those regulated by the government, have been banned by the bill.

Mumbai ponzi schemes: Two held for filing bogus claims; accused wanted to try their luck, say cops

August 29, 2018 1:18 am

Vikas Mhetre (49) and Vilas Dalvi (53), who were arrested from Sangli on Saturday, have been accused of colluding with the employees of the official liquidator to file backdated affidavits to claim refunds.

Kolkata: To crack down on ponzi schemes, co-operative societies to be made bank branches

June 30, 2018 5:12 am

As per the latest data of the state finance department, of the total of 3,354 gram panchayats in the state, 716 (21%) are not covered under the banking system.

In fact: From Anubhav to Saradha, lessons from ponzi schemes

April 05, 2017 6:08 pm

A series of ponzi schemes, many of which were linked to plantation schemes, including teak plantations, promised investors very attractive returns.

Cabinet clears bill to empower Sebi to deal with ponzi schemes

July 24, 2014 3:11 pm

The Bill seeks to give Sebi sweeping powers like attachment of properties, amongst other things.

Sumangal MD nabbed in Mumbai, sent to 14-day judicial remand

July 08, 2014 5:01 pm

The charges levelled against Adhikary includes money laundering and raising money through chit fund ponzi schemes.

‘KMC issued licences to 43 Saradha firms on same address'

April 26, 2014 2:54 am

The ED officials, meanwhile, said the documents will come in handy during the ongoing investigations.

TMC-Oppn trade barbs over Ponzi schemes

April 23, 2014 4:09 am

TMC called the current investigation by the Enforcement Directorate (ED) “a conspiracy” hatched by the Congress.

Cabinet likely to consider proposal for Sebi ordinance today

February 28, 2014 3:54 am

Powers were given to check illicit investment schemes and other market manipulations.

Yearender: Ponzi schemes stump investors,at least Rs 40,000 cr in limbo

December 23, 2013 3:57 pm

Not just greed,corporate governance lapses and regulatory loopholes provided scamsters leeway this year.