Search For "ponzi scheme"
Polkadot and Cryptoons are drawing the attention of crypto experts
Updated : 3 years, 3 months ago IST
New Delhi [India], December 20 (ANI/ATK): Cryptocurrency is one of the wonders of the 21st century.
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Pakistan: Depositers lose '420 million' in Ponzi scheme
Updated : 3 years, 3 months ago IST
According to Dawn, the Karachi-based social media influencer and businesswoman, Sidra Humaid, ran a monthly ballot committee system, an old-age method of polling money commonly known as committees -- without keeping any written records of depositors/contributors ending the whole scheme in to
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CBI arrests director of pvt company in connection with chit fund case
Updated : 3 years, 5 months ago IST
Investigation revealed that the accused in conspiracy with the then chairman had illegally transferred about Rs 419.90 lakh from the Trust account and misappropriated the same.
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Ponzi Schemes: CBI books 132 firms in 100 FIRs since 2019; ED 87 PMLA case
Updated : 3 years, 7 months ago IST
New Delhi, August 8 (ANI) The Central Bureau of Investigation (CBI) has registered 100 cases involving 132 firms relating to Ponzi schemes in the last three and half years -- since 2019, while the Enforcement Directorate (ED) launched 87 money laundering inquiries in such cases during the pe
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CBI registers case against former Rajya Sabha TMC MP for cheating investor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 26 (ANI): The Central Bureau of Investigation (CBI) on Tuesday registered a case against a former Rajya Sabha MP, his son and seven others on the allegations of cheating and misappropriation of about Rs 100 crore invested by a large number of private persons in two ch
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Illegal activities by Chinese nationals grave concern for Nepali authoriti
Updated : 3 years, 8 months ago IST
Beijing [China], July 1 (ANI): Chinese nationals in Nepal are often found to carry out financial frauds such as running Ponzi schemes online and scamming foreign nationals with lures of easy loans and amid this, the investigation department seems to lack expertise due to which the investigat
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3 Chinese held after police raid software firm in Nepal
Updated : 3 years, 8 months ago IST
Kathmandu [Nepal], July 1 (ANI): Nepal Police have arrested three Chinese nationals and a Nepali national from Kaski District with 4.6 million Nepali rupees after raiding a firm suspected to be involved in illegal activities.
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President allows Ladakh LG to use BUDS Act to ban ponzi schemes, unregulat
Updated : 3 years, 9 months ago IST
New Delhi [India], June 2 (ANI): President Ram Nath Kovind on Thursday directed the Ladakh Lieutenant Governor RK Mathur to exercise the powers and discharge the functions of the appropriate government under the Banning of Unregulated Deposit Schemes Act, 2019 in the Union Territory to curb
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Nepal concerned over rising illegal activities by Chinese nationals
Updated : 3 years, 10 months ago IST
Kathmandu [Nepal], May 9 (ANI): Nepal is turning out to be a gateway for Chinese criminals and the Himalayan nation has raised concern over the increasing involvement of Chinese nationals in illegal activities.
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ED attaches assets worth Rs 6.28 cr of Saradha Group of Companies in Assam
Updated : 3 years, 11 months ago IST
New Delhi [India], April 22 (ANI): The Enforcement Directorate (ED) has attached assets worth Rs 6.28 crore of Saradha Group of Companies in Assam for running illegal Ponzi schemes by befooling common people, the agency said on Friday.
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Bengaluru Crime Branch busts cryptocurrency Ponzi scheme, 4 held
Updated : 3 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 18 (ANI): Crime Branch of Bengaluru on Monday arrested four persons for their alleged involvement in running a Helium Crypto Token (HNT) through a mobile application.
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Woman nabbed for duping over 700 in ponzi scheme
Updated : 4 years ago IST
New Delhi [India], February 27 (ANI): Economic Offences Wing (EOW) of Delhi Police on Saturday arrested a woman for allegedly duping more than 700 investors to the tune of Rs 4 cr in the name of a Ponzi scheme.
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