Investment frauds are on the rise. Those hopeful of high returns in the short run tend to lose the most.

The central agency said its Bengaluru zonal office has issued a provisional order, under the Prevention of Money Laundering Act, for attach...

The financial regulators are worried that a complete lack of regulatory regime for such cryptocurrencies may give rise to 'e-ponzi' schemes.

RBI and Sebi will soon get into a huddle to prepare a framework to protect gullible investors.

Party members burned up phone lines all evening, calling secondary sources in the fear that Roy had spilled the beans.

"They (investors in ponzi schemes) are not suffering because CBI is not investigating these cases. They are suffering because of other reas...

The first chargesheet would cover a part of the investigations and those persons against whom adequate evidence had been found.

With Rahul Gandhi targeting her govt for inaction on the Saradha ponzi scam, Mamata today questioned SEBI and Finance Minister P Chidamabar...

Guidelines are close to being finalised by the Consumer Affairs Ministry and the Corporate Affairs Ministry has given its suggestions and o...

Corporate Affairs Minister Sachin Pilot today said there should be strong enforcement of laws and regulations at all levels to curb the men...

The minister's comments come against the backdrop of the recent arrest of global direct selling major Amway's India Chairman by the Kerala ...

Many officials connived in Bihar to buy fictitious fodder for non-existent cattle for years, uncowed by fear of retribution, divine or judi...

According to sources, FIU may seek the help of the international Egmont Group sharing financial information across member countries to spot...

Reiterating his demand for a CBI inquiry, Sinha said those named by Sudipta Sen in his letter to CBI should be thoroughly interrogated by t...

Days after police busted the Rs 300-crore Citibank scam, an individual investor turned up at the district administration office on Monday a...

As many of these Ponzi schemes do not technically take public deposits, they escape the stringent guidelines of the RBI. World's top tax ha...

A federal court has rejected the plea of prosecutors to cancel the $10 million bail of Bernard L Madoff, the accused of swindling investors...