Ponzi schemes
- Hyderabad
Telangana cops arrest Falcon Ponzi Scheme mastermind from Mumbai
Hyderabad: The alleged mastermind of the Falcon Ponzi Scheme, Amardeep Kumar, was caught by immigration authorities at Mumbai airport on Monday. He is a cited accused in an Rs 800 crore fraud…
- India
ED arrests couple in Rs 300-crore Ponzi fraud case
New Delhi: The Enforcement Directorate has arrested a man and his wife for allegedly duping people by orchestrating a multi-level marketing scheme involving more than Rs 300 crore. Chander Bhushan Singh and…
- Hyderabad
Hyderabad: Two held in Rs 850cr Ponzi sceme
Hyderabad: Two persons were arrested in connection with a Rs 850 crore Ponzi scheme involving Falcon Invoice Discounting Platform, which allegedly duped over 6,000 depositors across the country, Cyberabad police said on…
- India
ED summons actor Prakash Raj in Rs 100 crore money laundering case
Chennai: The Enforcement Directorate has summoned actor Prakash Raj for questioning in a money laundering case linked to an alleged Rs 100 crore ponzi and fraud case against a Tiruchirapalli-based jewellery group, official sources said…
- Crime in Hyderabad
Hyderabad: Police arrests three involved in direct-selling fraud
Hyderabad: The central crime station of the Hyderabad Police apprehended three fraudsters who lured people through marketing schemes on the promise of high returns. The fraudsters operated through two different companies and…
- Technology
India’s biggest crypto ponzi scam may grow to Rs 1 tn, affecting 1 lakh people
New Delhi: The sheer size of the GainBitcoin scam that rocked the nation some time back is turning out to be way bigger than thought, with reports suggesting that around 1 lakh…
