The CID has exposed a massive Rs 2,400 crore Ponzi scheme run by Shivananda Neelannavar, defrauding over 40,000 investors. A significant po...

The justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President ...

Rs 6000 crore Ponzi scam: Nowhera Shaik, a Hyderabad-based businesswoman, has been arrested by the Enforcement Directorate in connection wi...

The CBI has registered a case against seven individuals involved in a Rs 350 crore crypto ponzi scam, conducting raids across multiple citi...

The Economic Offences Wing of Odisha Police is investigating a Rs 1,000 crore ponzi scam and may question Bollywood actor Govinda's involve...

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

A Ponzi scheme is an investment scheme wherein new investors' money is used to pay the promised return to previous investors rather than pr...

Many bank customers are currently being conned by a bitcoin Ponzi programme that promises them big profits.

"Another Kolkata-based businessman, Shanti Surana was arrested recently from his residence at Ballygunge also in south Kolkata. Initially, ...

Perpetrators of financially dodgy schemes work hard at their image. When a victim has doubts his first reaction would be that so many peopl...

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

The Central Bureau of Investigation has informed that it has registered 104 regular cases (RCs) related to Chit Fund and ponzi schemes in m...

A proposed bill to check fraudulent multi-level marketing (MLM) or ponzi schemes has been put on hold by the government.

The move comes following instances in which investors have been duped of their hard earned money through ponzi schemes.

The DFS has earlier circulated draft amendments PCMCSB Act, 1978, to various law and enforcement agencies for their views.

A ponzi scheme is a fraudulent investment operation that gives returns to its investors from their own money and not from profits of the op...

Dreams of a better life turned into a nightmare for several sex workers in Kolkata's Sonagachi, who lost their lifelong savings in Ponzi sc...