The Economic Offences Wing (EOW) has successfully arrested Bhalchandra Mahadev Ashtekar, the director of Sai Indus Marketing and Shri Multi Services, for his involvement in defrauding investors of Rs9.02 crore. …
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investors defrauded
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FinancialInvestment Scams
Mumbai Police Arrest 3 in Rs 1,000 Crore Ponzi Scheme by Platinum Hern Pvt Ltd
by Ananya MehtaOn 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 …
by Ananya Mehta -
FinancialInvestment Scams
Guwahati Bank CMD Nityananda Bhagawati Arrested for Rs 200 Cr Scam
by Ananya MehtaNityananda 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 …
by Ananya Mehta