Showing of 0 - 10 from 108 results
Ponzi schemes - Total results - 108
May 19, 2017
Indian-American former CEO duped $33 million from over 100 investors in the US; jailed for 15 yearsA 44-year-old Indian-American has been sentenced to 15 years in prison for duping over a 100 investors of $33 million through fraudulent schemes.
Mar 28, 2017
Michael Ferreira gets bail in Rs 1,000-cr QNet scam: Here's how the Padma awardee got into troubleDespite the allegations, QNets Global CEO Trevor Kuna last week said the company has big plans for India
Nov 18, 2016
CBI probing Ponzi schemes of Rs 85,000 crore, says agency directorThe Central Bureau of Investigation (CBI) is probing cases of Ponzi schemes in which over Rs 85,000 crore of over six crore investors are involved and it is assisting the Centre in framing a legislation to put a ban on such deposit-taking activities, agency Chief Anil Sinha said in New Delhi on Friday
Aug 22, 2016
Release of Brett Lee's film UNIndian brings back ghost of Pearls Group Ponzi schemeBrett Lee was the brand ambassador for the Pearls Group in 2010, which is believed to have scammed 5.5 crore investors of their savings
Apr 05, 2016
Whether Sarada or Narada: TMC's corruption is not new knowledge and won't hugely affect outcome of this electionEven before the still unverified but widely believed to be authentic footage by Narada showing top Trinamool leaders, including some very senior ministers and MPs, accepting bundles of hard cash and talking indiscreetly about various deals and fixings, the Trinamool did not exactly enjoy a public perception of being an incorruptible party.
Mar 22, 2016
Rose Valley scam: ED files chargesheet against Gautam Kundu under Prevention of Money Laundering ActIn the chargesheet, ED has requested the court to allow it to confiscate properties worth Rs 332 crore which it has already seized in the Rose Valley case.
Feb 29, 2016
Budget 2016: Jaitley proposes comprehensive central law to check ponzi menaceHowever, there is no comprehensive legal framework for all kinds of illicit money pooling schemes they are mostly governed by state-level laws.
Feb 15, 2016
Govt extends UK Sinha tenure by a year as Sebi chief till March next yearSinha quit IAS in 2008 when he was holding the rank of an additional secretary to the government of India and was on deputation as chairman and managing director with UTI Mutual Fund.
Feb 03, 2016
Now, Sahara seeks SC nod to sell stake in Force India to get its chief outArray
Jan 11, 2016
Teak, emu, goat and land: Why Indian middle class falls victim to financial fraudsToo lower returns on public savings schemes and bank deposits as compared with Ponzi schemes nourishes the human greed