Ponzi Schemes

Crackdown on ponzi schemes: Cabinet approves amendments to Banning of Unregulated Deposit Schemes Bill

The Bill provides for severe punishment and heavy pecuniary fines to act as deterrent.

Ahead of Lok Sabha polls, Amit Shah and Mamata turn up the heat; but this is par for the course for West Bengal

On the face of it, West Bengal's political scene seems to have been thrown into a cauldron over the past two days

Rural finance: Death by ponzi scams; the ripping off of the unemployed youth

Ponzi schemes thrive on the failed dreams and ambitions of an entire generation of young men.

Crackdown on ponzi schemes: Govt to bring in new bill to ban unregulated deposit schemes

The government on Tuesday said it will come out with a new bill in Parliament to ban unregulated deposit schemes with a view to checking defrauding of gullible investors

Sebi starts awareness campaign to enable investors take informed decisions

The campaign alerts people about troubles of blindly following unsolicited tips from unverifiable, unknown or dubious entities.

Rose Valley chit fund scam: Investors vandalise Kolkata-based group's property over slow probe

Investors in the scam-tainted Rose valley Group's ponzi schemes vandalised a premier property of the company protesting against non-refund of their deposits

Teak, emu, goat and land: Why Indian middle class falls victim to financial frauds

Too lower returns on public savings schemes and bank deposits as compared with Ponzi schemes nourishes the human greed

RBI blames regulatory vacuum for rising fraudulent ponzi schemes

Ponzi schemes are fraudulent investment schemes, wherein people are promised high returns without having to assume commensurate level of risks.

What if the builder disappears? – The biggest risk of investing in real estate

In India, home loans are recourse loans. This means that the banks can come after other assets of the borrower. Hence, walking away from the home loan is a bad idea, even in a situation like this. Further, any default would be reflected on the CIBIL database, leading to the home loan borrowers being deemed unworthy of credit in the years to come.

Sebi steps up media campaign in 13 languages to safeguard investors

Sebi has also been cautioning investors through its investor education meetings across the country.