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Action will be taken against ponzi scheme offenders: Arun Jaitley informs RS

May 04, 2016, at 01:34 am

New Delhi, May 3 (IBNS): Arun Jaitley, Minister of Corporate Affairs, on Tuesday made it clear to the Rajya Sabha that the government is committed to tackle the menace of unregulated ponzi deposit-taking schemes and take action against the offenders.

SEBI orders attachment of 134 properties of Saradha reality

Sep 28, 2015, at 07:32 pm

Mumbai, Sept 28 (IBNS) The Securities and Exchange Board of India (SEBI) has ordered attachment of 134 properties of the West Bengal-based Saradha group and its chief Sudipta Sen to recover the investors' money, collected illegally, reports said.