Two Ukrainian nationals among masterminds in Mumbai’s Torres jewellery scam
Jan 12, 2025, at 02:57 pm
Mumbai: Two Ukrainian nationals have been identified as the masterminds behind the Ponzi scam that defrauded hundreds of investors in Mumbai by promising substantial returns on their investments, media reports said.
ED summons actor Prakash Raj in Ponzi scam probe involving jeweller
Nov 24, 2023, at 02:04 am
Trichy: The Enforcement Directorate (ED) has summoned actor Prakash Raj in relation to a money laundering probe against Trichy-based partnership firm Pranav Jewellers, media reports said.
Ponzi Scam: India head of STA Crypto Token held by Odisha EOW
Aug 07, 2023, at 11:05 pm
Bhubaneswar: India head of STA Crypto token Gurtej Sigh Sidhu was arrested by the Economic Offence wing of Odisha Crime Branch from Rajsthan in a Ponzi scam involving more than Rs.1000 crore.
West Bengal: Enforcement Directorate begins fresh raid in Kolkata in ponzi related scams
Mar 01, 2023, at 09:39 pm
Kolkata: Probing the money trails of various ponzi scams, the Enforcement Directorate (ED) on Wednesday began fresh search operations at various locations of Pilcon and Tower Groups in the city, official sources here said.
CBI arrests Rose Valley Group's jailed CMD's wife Subhra Kundu
Jan 15, 2021, at 10:51 pm
Kolkata/IBNS: The Central Bureau of Investigation (CBI) on Friday arrested actress and Rose Valley Group's jailed CMD Gautam Kundu's wife, Subhra Kundu, in connection with its ongoing probe into Rose Valley ponzi firm scam, officials said.
ED attaches properties of over Rs 4,000 crore in a Ponzi scam in Andhra Pradesh
Dec 25, 2020, at 07:32 am
Hyderabad/IBNS: The Enforcement Directorate (ED) has confiscated Rs 4,109 crore in properties spread across multiple states in connection with a mega ponzi scam that duped 32 lakh people of Rs 6,000 crore and arrested the promoters of a company, said media reports.
Supreme Court issues notice to ex-Kolkata Police Commissioner
Nov 29, 2019, at 04:09 pm
New Delhi/UNI: The Supreme Court on Friday issued notice to former Kolkata Police Commissioner Rajeev Kumar, who is allegedly involved in the Saradha chit fund Ponzi scam case, after hearing an appeal filed by the CBI, seeking his arrest and custodial interrogation.
Indian Parliament: Bill to curb ponzi schemes and protect poor introduced in Rajya Sabha
Jul 29, 2019, at 05:27 pm
New Delhi, Jul 29 (UNI) The Government on Monday moved the Banning of Unregulated Deposit Schemes Bill 2019 in the Rajya Sabha by Minister of State Anurag Thakur.
CBI Vs Kol Pol: Mamata bats for Kol police chief Rajeev Kumar, calls him 'best' in the world
Feb 03, 2019, at 06:54 pm
Kolkata, Feb 3 (IBNS): Accusing the Bharatiya Janata Party-led Central government of following a 'political vendetta', West Bengal Chief Minister Mamata Banerjee on Sunday extended her support to Kolkata Police Commissioner Rajeev Kumar who has been reportedly summoned by the Central Bureau of Investigation (CBI) over probes into the Rose Valley and Saradha corruptions scams.