With growing incidents of ponzi schemes defrauding millions of gullible investors, the Reserve Bank today blamed regulatory vacuum and lack of coordination among various watchdog and investigative agencies for them. Ponzi schemes are fraudulent investment schemes, wherein people are promised high returns without having to assume commensurate level of risks. "One important...Read More

Terming financial education and investor awareness a must to check the ponzi menace, regulator Sebi's Chairman U K Sinha has expressed concern that some states including Uttar Pradesh are yet to enact the law aimed at protecting the depositors' money. The Sebi chief further said that Uttar Pradesh, despite being the country's largest state in terms of population, also...Read More

Reserve Bank of India deputy governor S S Mundra stressed on the need for a stronger regulatory framework to deal with the menace of ponzi scheme across the country. He agreed that the banking system also needs to shoulder the blame for such fraudulent investment schemes. “Banking system plays a very important role and they have to share a fair share of the blames as ult...Read More

MUMBAI : Madrass Cafe movie actress Leena Paul's live-in partner Sekar Chandrashekar had conspired to start a ponzy scheme in Mumbai while he was lodged at a Chennai jail in 2013. Chandrashekhar was arrested by the Chennai police in connection with a cheating case and was in jail for six months before being released on bail in Janjuary 2013.: "Chandrashekhar, who is in M...Read More

भारतीय रिजर्व बैंक के डिप्टी गवर्नर एसएस मूंदड़ा ने देशभर में पोंजी योजनाओं पर लगाम लगाने के लिए एक सख्त नियामकीय ढांचे की जरूरत पर बल दिया। उन्हो�...Read More

हल्द्वानी: हैलो..मैं ??? मोबाइल कंपनी से बोल रहा हूं। सेल्स प्रमोशन के लिए कंपनी ने लकी ड्रा निकाला था, जिसमें आपका नाम सलेक्ट हुआ है। कंपनी 19 हज�...Read More

Mumbai: With growing incidents of ponzi schemes defrauding millions of gullible investors, the Reserve Bank today blamed regulatory vacuum and lack of coordination among various watchdog and investigative agencies for them. Ponzi schemes are fraudulent investment schemes, wherein people are promised high returns without having to assume commensurate level of risk...Read More

जयपुर: भारत की गिनती दुनिया के उन देशो में होती है जहां निवेशकों के हितों के प्रति विशेष गंभीरता नजर नहीं आती। यहां कभी कुबेर घोटाला होता है त...Read More

मुंबई। भाजपा सांसद किरीट सौमैया ने आज महाराष्ट्र सरकार से 162 फर्जी चिटफंड कंपनियों के खिलाफ कड़ी कार्रवाई की मांग की। उन्होंने दावा किया कि �...Read More

कोलकाता: रोजवैली घोटाले की जांच कर रही केंद्रीय जांच एजेंसी प्रवर्तन निदेशालय की टीम ने मामले में राज्य के क्रेता सुरक्षा दफ्तर के मंत्री स�...Read More