An undated image of Tahsin Ahmed, son of TMC Minority Cell’s state leader Shakil Ahmed, who has been accused by the BJP of being involved in a financial scam in Asansol. | Photo Credit: PTI Almost a decade after ponzi scams by Saradha and Rose Valley groups had rocked West Bengal, a fresh chit fund … Read more
The Economic Offences Wing (EOW) of the police has received complaints from 1,554 more investors against Coimbatore-based Universal Trading Solutions Pvt Ltd (UTS), which duped investors of hundreds of crore through Ponzi schemes. The complaints against UTS were received in a petition camp organised by the EOW on Tuesday, as part of its ongoing investigation … Read more
The Economic Offences Wing (EOW) of the Odisha police has arrested two persons from West Bengal for their reported involvement in a ponzi scheme, while the money duped by them could cross ₹1,000 crore. About 800 investors from Odisha’s Ganjam district filed a complaint that they invested money in 18football.com, a ponzi scheme (multilevel marketing) … Read more