Ponzi Scam News Today

Pathyam Patel, of Gujarat’s Gandhinagar, has been accused of starting to sell securities and collecting money after guaranteeing massive returns

India News: A 23-year-old man from Gandhinagar has been indicted in a case of ponzi scam worth $4,00,000 in Alabama in the US. The accused, Pathyam Patel, began s

This article was originally published on September 29, 2015: A series of ponzi schemes, many of which were linked to plantation schemes, including teak plantations, promised investors very attractive returns. How did they work? What was the government's response?

The actor was the brand ambassador for the Trichy-based Pranav Jewellers, which was raided by the ED on Monday

Prakash Raj, the actor and brand ambassador for Pranav Jewellers, has been asked to appear before the Enforcement Directorate in Chennai for questioning in a money laundering case

Renonwned actor Prakash Raj has come under the scanner after ED in connection with Rs 100-crore Ponzi scam.

The Economic Offence Wing (EOW) of Odisha Police has unearthed a crypto-ponzi scam in which around 2.5 lakh people of eight states were defrauded of over Rs 200 crore, an official said on Friday.

Coimbatore: The Special Investigation Team (SIT) of the Economic Offences Wing police probing the 1,103 crore ponzi scam against the Universal Trading.

On Monday, an FIR against the VIPS Group of companies was lodged at the Bharti Vidyapeeth police station by an ED official based on the complaint filed by an ED officer of the assistant director rank.

It has also been clarified that Govinda is 'neither a suspect nor an accused' in the case.