Asansol North Police have busted a major Ponzi scheme and arrested four individuals from Kolkata in connection with a fraud estimated at over Rs200 crore, which affected several thousand investors. …
Category:
Ponzi Scam
-
-
FinancialInvestment ScamsPonzi Scam
Mohammad Subhani Busted for Rs200 Cr Multi-State Scam
by Ananya MehtaWhat began as a localized online trading scam in Kavali, Nellore district, has escalated into a multi-state fraud orchestrated by Mohammad Subhani, who posed as a financial consultant. Investigations reveal …
by Ananya Mehta -
FinancialInvestment ScamsPonzi Scam
Pratap Kumar Rout Held in Rs1,000-Crore Hedgex Scam
by Ananya MehtaThe Economic Offences Wing (EOW) of the Odisha Crime Branch has arrested Pratap Kumar Rout, the Odisha head of Hedgex Fund, for his alleged role in a Rs1,000-crore investment fraud …
by Ananya Mehta -
Actor Zachary J. Horwitz — known professionally as Zach Avery — is the focus of a new Prime Video docuseries exploring one of Hollywood’s most shocking financial frauds. Titled “Hollywood …
-
FinancialInvestment ScamsPonzi Scam
Thane Police Arrest 4 in Phoenix Investments Multi-Crore Ponzi Scam
by Ananya MehtaThe Economic Offences Wing (EOW) of Thane City Police has uncovered a multi-crore Ponzi and investment fraud that duped thousands of investors—mainly working-class individuals—out of their hard-earned money. The scam …
by Ananya Mehta -
NEW YORK (WSJ/CBS12) — Federal prosecutors have charged financier Paul Regan with orchestrating a massive investment fraud scheme that defrauded more than 300 investors out of at least $50 million, …
-
Nsikayomuzi Goodman Goqo, sentenced to eight years in prison for defrauding investors of over R70 million, is seeking to appeal both his conviction and sentence. He alleges that the Pinetown …
-
A former financial services provider from Glen Burnie, Maryland, Clarence Woods Jr., 62, has pleaded guilty to running a Ponzi-style investment scheme and stealing funds from clients, according to the …
-
The Pune unit of the Criminal Investigation Department (CID) has arrested Archana Suresh Kute, director of Dnyanradha Multistate Co-operative Credit Society Ltd (DMCSL) and wife of its chairman, Suresh Kute, …
by Ananya Mehta -
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Ahamba Tochukwu, the Chief Executive Officer of Gavice Logistics Limited, for allegedly running a Ponzi scheme that defrauded investors …
Newer Posts