The Economic Offences Wing (EOW) of Cyberabad Police has arrested two individuals in connection with a massive Rs850 crore Ponzi scheme involving the Falcon Invoice Discounting Platform. The accused, Pavan …
Category:
Ponzi Scam
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In a massive investment scam, over 1,200 investors were allegedly duped of nearly Rs300 crore by Advaika Trading Company, a firm based in Vijayawada, Andhra Pradesh. The prime accused, Tadepalli …
by Ananya Mehta -
Investment ScamsPonzi Scam
Salem Police Arrest Vijaya Banu in Rs 12 Crore Money Doubling Scam
by Ananya MehtaSalem Police arrested fifteen individuals involved in a massive money-doubling scam and recovered Rs 12 crore in cash along with 2.5 kg of gold on Friday. The prime accused, Vijaya …
by Ananya Mehta -
The Economic Offences Wing (EOW) of Odisha Police has arrested two more individuals—Dwipika Bhanjo and Tandra Bhanjo—from Kolkata in connection with a multi-crore Ponzi scam. According to an official statement …
by Ananya Mehta -
WAUSAU, WI — A Wausau man is facing federal charges after allegedly orchestrating a multimillion-dollar investment fraud scheme that ran for nearly six years. Stanley Pophal, 63, was charged in …
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Identity TheftPonzi Scam
Yogendra Baba and 6 Arrested in Rs28 Lakh Spiritual Scam Visakhapatnam
by Ananya MehtaIn a significant crackdown, Visakhapatnam police have arrested seven individuals, including a self-proclaimed spiritual guru known as Yogendra Baba (real name Paidipati Venkata Bhargav Raghava, 35), for allegedly defrauding four …
by Ananya Mehta -
LAGOS, Nigeria — Justice Yellim Bogoro of the Federal High Court in Lagos sentenced four Filipino nationals and eight Nigerians to one year in prison on Friday for cyber-terrorism, internet …
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The Economic Offence Wing (EOW) of Odisha Police arrested Jitendra Mallick (27) of Kabisuryanagar, Ganjam district, on June 4 from Bengaluru for his role in a large Ponzi scheme linked …
by Ananya Mehta -
HAMILTON, N.Y. — The New York State Attorney General’s Office announced the arrest of Miles Burton Marshall, a local tax preparer accused of operating a decades-long Ponzi scheme that defrauded …
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The Odhav police have cracked a massive Ponzi scam led by glamorous conwoman Sweety Shah, who, along with her brother Prateek Shah and accomplice, allegedly defrauded over 5,000 investors across …
by Ananya Mehta