India's virtual digital asset sector is now high risk. Intelligence reports reveal extensive illegal activities including drug trafficking ...

The Enforcement Directorate saw fewer arrests in the last financial year. However, asset attachments reached an unprecedented Rs 81,000 cro...

The Bureau of Immigration has issued a look-out circular against three Chinese citizens involved in a large-scale online Ponzi scam. The in...

Businessman, David Ames who ran a multi-million dollar Harlequin Property "Ponzi" scheme, gets a 12-year jail term.

Lemos, 37, was sentenced on Sunday by a Dubai court to over 500 years in jail for duping thousands of investors in a $200 million scam.

Though there were reports of many sportspersons and other celebrities being duped by the company, Dravid has been the first to lodge a comp...

The count of such companies being referred to the white collar crime probe agency stood at 111 in 2016-17 and 184 in 2015-16.

Cases pertaining to the 164 ponzi or chit fund companies have been assigned to the Serious Fraud Investigation Office for investigation, Ja...

The greed for extra returns on investments has hurt many an investor especially when interest rates are on the way down.

The IMG was set up against the backdrop of the collapse of Kolkata-based Saradha Group that had allegedly duped lakhs of investors.

Ponzi or MLM schemes are fraudulent investment operations, which lure investors with promise of high returns.

Ponzi schemes are fraudulent investment operations which lure investors with promise of high returns.

Odisha unit of BJP today said the announcement of opening a Serious Fraud Investigation Office in the state was itself a "fraud".

CPI today demanded a CBI inquiry into the ponzi scams and confiscation of properties of ponzi firms to refund the duped investors in Odisha

"While steps should be taken to crack down on fraudulent companies running dubious investment schemes, companies that are reputed," the Min...

Named after Italian fraudster Charles Ponzi, a 'Ponzi' scam involves payment of purported high returns to existing investors from funds con...

The trustee charged with recapturing assets for victims of Wall Street scammer Bernard Madoff said today he had filed suit against Swiss ba...