investors defrauded

On Tuesday, Mumbai police arrested three senior officials from Platinum Hern Pvt Ltd, which is accused of running a massive Ponzi scheme under the brand name of Torres jewelry. The …

Nityananda Bhagawati, the Chief Managing Director (CMD) of Assam Gramiya Nidhi Bank, was arrested in Guwahati after confessing to using consumer deposits for high-risk equity trading. Bhagawati had lured unsuspecting …