The Enforcement Directorate (ED), Hyderabad Zonal Office, has completed the registration of seven immovable properties auctioned for Rs 15.03 crore in connection with the Rs 5,978-crore Heera Group Ponzi scam.
The Enforcement Directorate searched eight locations in Tamil Nadu and Kerala in a money laundering probe against Dream Makers Global Pvt. Ltd., accused of running a Ponzi and MLM scheme. The agency alleged thousands of investors were cheated through promises of high returns
Nalgonda police have arrested four agents linked to a Rs 57 crore Ponzi-style scam led by Ramavath Balaji Naik. Over 2,500 tribal wage earners were defrauded through false promises of high returns.
The Enforcement Directorate has arrested Aryan Singh, COO of Capital Protection Force Pvt Ltd, in connection with a Rs. 792 crore Ponzi scheme disguised as an invoice discounting platform named ‘Falcon’. Acting under the Prevention of Money Laundering Act (PMLA), the ED found that Singh actively managed operations and lured investors despite knowing the scheme was fraudulent.
Management of Falcon Invoice Discounting platform introduced itself as a peer-to-peer web platform and promised investors high returns on their investment
San Francisco/New Delhi: A group of crypto investors has filed a class-action lawsuit against billionaire investor and Shark Tank icon Mark Cuban, along with his basketball team the Dallas Mavericks, for promoting crypto platform Voyager Digital that went bankrupt, resulted in billions of dollars in loss for its customers. Top cryptocurrency broker Voyager Digital last month […]
