The Central Bureau of Investigation (CBI) has registered a case against Gowtham Ramesh, managing director of Coimbatore-based Universal Trading Solutions Pvt Ltd (UTS), over allegations of duping depositors from all over the country worth approximately Rs 3,000 crores through Ponzi schemes.
Coimbatore (Tamil Nadu) [India], April 2 (ANI): The Income Tax (IT) department on Tuesday seized Rs 9.83 crore in cash from assessee G Ramesh of Universal Trading Solutions in Coimbatore, sources said.