Search For "ponzi schemes"
Updated : 3 months, 3 weeks 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
Updated : 5 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
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.
Updated : 6 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
Updated : 6 months, 4 weeks 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.
Updated : 7 months, 2 weeks 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.
Updated : 9 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], February 14 (ANI): Cryptocurrencies have specifically been developed to bypass the regulated financial system and it is akin to or even worse than Ponzi schemes, Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar said on Monday.
Updated : 1 year, 1 month ago IST
New Delhi [India], October 6 (ANI): Enforcement Directorate (ED) on Wednesday provisionally attached assets worth Rs 26.98 crore of Rose Valley Group of companies under Prevention of Money Laundering Act, 2002 in a money laundering case.
Updated : 1 year, 3 months ago IST
New Delhi [India], August 27 (ANI): The Enforcement Directorate (ED) has seized seven luxury vehicles from a posh locality in Kolkata in its ongoing probe against Rose Valley Group of companies, a firm accused of cheating lakhs of people through its ponzi schemes.
Updated : 1 year, 10 months ago IST
New Delhi [India], January 23 (ANI): The Directorate of Enforcement (ED) has filed a prosecution complaint against Radhe Shyam and Bansi Lal, owners of Haryana-based multi-level marketing (MLM) scheme promoting company in a Ponzi scheme case.
Updated : 2 years, 8 months ago IST
New Delhi [India], Mar 11 (ANI): The Central Bureau of Investigation (CBI) on Wednesday conducted searches at 16 different places across West Bengal and one place in Hyderabad at the premises of accused in an on-going investigation of a case related to Multi-Level Marketing and Ponzi Schemes
Updated : 3 years, 4 months ago IST
New Delhi [India], July 24 (ANI): Heaping praise over the structure and guidelines of Pradhan Mantri Mudra Yojana (PMMY), BJP's Lok Sabha member Rajiv Pratap Rudy on Wednesday outlined that a correct implementation of the scheme would ensure a halt to the various Ponzi schemes that pop-up in