2 Karnataka IPS officers booked in IMA ponzi scam

Bengaluru: Two senior IPS-rank officers of the Karnataka cadre have been booked for their alleged role in the multi-crore IMA ponzi scam that rocked the state last year, a CBI official said on Tuesday.

“We have filed an FIR against 11 accused, including Karnataka cadre IPS officers Ajay Hillor (accused number 2) and Hemant Nimbalkar (accused number 5) under various sections of IPC for their alleged involvement in the IMA ponzi scam,” CBI official R.K. Gaur told IANS from New Delhi over phone.

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