ponzi scheme news
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WB agent kills self, Ponzi scheme death toll at 11
Basīrhāt :: India | 15 days ago
Credibility
The West Bengal Ponzi scheme fiasco claimed one more life, after an agent of a company, who had consumed poison on Sunday night, succumbed at a Kolkata hospital on Tuesday morning. Mrinal Mondal, who worked for Self Trust company based in North 24
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Slow Blow: Blowing The Whistle At SEC On Yet Another Ponzi Scheme
Jacksonville :: FL :: USA | 16 days ago
Credibility
The investment had been recommended to them by business associates who invested far greater amounts...This is not the first time my friends were victimized by fraudsters. Last year they were victims of the Zeek Rewards Ponzi scheme, an equally
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'Mamata knew everything about ponzi scheme'
New Delhi :: India | 17 days ago
Credibility
Breaking News Alert Attacking West Bengal chief minister Mamata Banerjee, her predecessor and CPI-M leader Buddhadeb Bhattacharjee on Sunday termed as "lies" her statement that she knew nothing about the ponzi scheme before the Bengali New Year day. "
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Toronto pastor, wife charged in alleged $8.6-million Ponzi scheme
Panama City :: Panama | 19 days ago
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EDT Marlon Gary Hibbert, 49, has been charged in connection with what Toronto Police allege was an $8.6-million Ponzi scheme (Toronto Police Service) A Toronto pastor and his wife are facing 38 counts of fraud after Toronto police alleged they
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3 Ill. men who met in prison in Wis. sentenced in Ponzi scheme
Carol Stream :: IL :: USA | 22 days ago
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Three men who met in federal prison in Wisconsin have been sentenced for a Ponzi scheme they perpetrated after their release, federal authorities said Tuesday. Daniel Parrilli, 62, formerly of Carol Stream, Ill., and John Lauer, 48, formerly of
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Chit fund: Centre waking up way too late
Bihār :: India | 23 days ago
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A fortnight into the collapse of the Saradha group, which has wiped out the savings of many poor people in West Bengal, the scourge threatens to spread to neighbouring states and other similar deposit takers. Bihar Deputy Chief Minister Sushil Modi
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Saradha Group has nothing to do with Chit Fund business: CFAI
Kolkata :: India | 23 days ago
Credibility
Monday said none of the entities of the Kolkata-based Group was operating as a registered chit fund. The failure of some Multi-level Marketing (MLM) or a ponzi scheme is explained as failure of a Chit Fund company. This is totally unfair, All India
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Devise strategy to curb financial frauds, urges ASSOCHAM
Mumbai :: India | 23 days ago
Credibility
Monday urged the Centre to call an all-regulatory authorities' meeting to work out an effective strategy to curb financial frauds. It also advised state governments to severely deal with rogue financial companies promising exorbitant return on
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Chit fund scam: Sudipta cooperating with investigators
Kolkata :: India | 24 days ago
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Sudipta Sen , Saradha group chairman accused of duping lakhs of investors, is cooperating with investigators, his lawyer claimed today. As per court order he was present when Sen was interrogated, Samir Das, Sen's lawyer said. Sen, along with Ponzi
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Different schemes built on different structures
Mumbai :: India | 25 days ago
Credibility
Even as thousands come to terms with the loss of life savings in the West Bengal chit funds, it is interesting to find politicians promising new stern laws against such funds. Absence of laws is the least of the reasons for such schemes flourishing
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