Summary: Bengaluru (Karnataka) [India], Aug 20 (ANI): Karnataka government on Tuesday transferred the multi-crore IMA ponzi scam
case to the Central Bureau of Investigation (CBI), in which several politicians and senior government officials are accused.
So now religion appears to be the latest vehicle for a Ponzi scam
? What's next?
Award-winning journalist and Gulf News columnist Swati Chaturved (@bainjal) tweeted: "NIRAV MODI wearing an exotic skin jacket having robbed thousands of crores in his Ponzi scam
does not look remotely worried."
The division bench had rejected the bail petition, moved by Former union minister and senior lawyer Kapil Sibal, on the grounds that it might hamper the process of ongoing Supreme Court- monitored CBI probe in connection with the ponzi scam
Kolkata: In a big embarassment to the ruling Trinamool Congress, its Rajya Sabha MP Srinjoy Bose was on Friday arrested by the CBI for alleged involvement in the multi-crore Saradha ponzi scam
and West Bengal Textiles Minister Shyamapada Mukherjee was quizzed in another related case.
Petrasanta (seated), Police Regional Office (PRO3) director, presents to media one of the most wanted women in the country, Elvy Mansilangan Lu (in orange shirt), who is wanted for a P200-million 'Ponzi scam
' in the region, yesterday at Camp Olivas, Pampanga.
knew about the massive Ponzi scam
of the bank's client Bernard Madoff much before it became public but turned a blind eye to it, hoping to protect the bank's interests, according to a $6.4 billion lawsuit filed by a court-appointed trustee seeking to recover money for former Madoff clients.
Madoff, who carried out his Ponzi scam
for decades, finally met his fate yesterday in a crowded Manhattan court.
Summary: Bengaluru (Karnataka) [India], Aug 3 (ANI): IPS officer Ajay Hilori was on Saturday interrogated by the Special Investigation Team (SIT) in connection with the multi-crore IMA Ponzi scam
Sources in the probe agency said that Kundu was put under arrest following investigation in the Ponzi scam
that was allegedly perpetrated by this consortium of companies.
Kolkata: The Special Crime branch of CBI on Wednesday questioned another Trinamool Congress Member of Parliament (MP) Srinjoy Bose in connection with the multi-million Saradha ponzi scam
. CBI sources said that Bose, a Rajya Sabha member, had received the summons on Tuesday.
Last month, Kenneth Starr, a financial adviser to Hollywood actors like Uma Thurman, Wesley Snipes, Sylvester Stallone and Al Pacino was arrested and charged with fleecing his clients by operating a complex Ponzi scam
of at least $60 million.