On Tuesday, the Cyberabad Economic Offences Wing (EOW) apprehended Appampally Surya Pratap Reddy in connection with a major chit fund fraud that defrauded over 80 investors of Rs2.79 crore. The …
Tag:
investor fraud
-
-
Investment Scams
Hyderabad Police Arrest DKZ Technologies MD Ashfaq Rahil in ₹100 Cr Fraud
by Ananya MehtaIn a significant development in the ongoing DKZ Technologies fraud case, the Central Crime Station (CCS) of Hyderabad arrested Ashfaq Rahil, the Managing Director of DKZ Technologies, and his wife …
by Ananya Mehta -
FinancialInvestment Scams
Thomas Salzano Sentenced to 12 Years for Orchestrating $658 Million Ponzi Scheme
MORRISTOWN, NJ – Thomas Nicholas Salzano, 66, from Secaucus, New Jersey, was sentenced on November 12, 2024, to 12 years in federal prison for orchestrating a massive $658 million Ponzi …
-
Fake Rental ScamsPersonal
Hyderabad EOW Arrests Udandapuram Narsimlu for ₹1.7 Cr Real Estate Scam
by Ananya MehtaThe Hyderabad Economic Offences Wing (EOW) has arrested Udandapuram Narsimlu, a resident of Ratnapur village in Medak, for his alleged involvement in a real estate scam worth Rs1.7 crore. Narsimlu …
by Ananya Mehta -
Today, Babu Ramaraj, 47, an Aldie resident and owner of DAB Inspection and Consulting Services, LLC, received a seven-year and six-month federal prison sentence for a fraud scheme that caused …
-
While venture capitalists and tech leaders are enjoying summer breaks or attending the Paris Olympics, the U.S. Securities and Exchange Commission (SEC) is busy with legal action. In a notable …
Older Posts