SFIO

SFIO News

SFIO asks RBI to probe its NBFC wing for ignoring adverse audit

Almost five years ago, the RBI had, in its annual audit, found that IL&FS Financial Services was borrowing to fund its group companies.

164 ponzi companies vanished after raising public money: Arun Jaitley

The Minister said the government has taken a number of steps to check cases of corporate frauds and protect interests of the investors of all such ponzi schemes

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Since inception, 6 probes by SFIO led to convictions

Agency took 542 days, on an average, to complete investigations for each of the 162 cases probed by it.

‘A third of top 500 firms’ books dodgy’

The report is the first which raises questions on the overall health of the corporate sector.

SFIO finds Saradha siphoned off R2,500 cr; money trail established

‘Firm ran several chit funds and collective investment schemes; duped lakhs of investors’.

Saradha was running ponzi schemes; to face prosecution: SFIO

SFIO today said these companies have been found to be running 'ponzi schemes'.

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SFIO names KPMG arm in Reebok chargesheet

Agency has alleged that BSR & Co, helped the then top brass of Reebok India to falsify accounts.

Radia company seeks Pilot intervention in SFIO probe

A Vaishnavi spokesperson confirmed that the letter has been written to the Minister.

SFIO to begin probe against Tower Infotech

The SFIO,now,would investigate into the affairs of firm as per the court’s order,said a counsel of the SEBI.

Saradha scam: Kunal Ghosh meets SFIO officials again

Kunal Ghosh was on Thursday questioned for more than eight hours by SFIO.

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