Ponzi Scam

CBI Files Chargesheet Against 2 Karnataka Officials In IMA Ponzi Scam

India News | Press Trust India | Monday September 7, 2020

The CBI has filed a chargesheet against two Karnataka government officials in the multi-crore I-Monetary Advisory Ponzi scam case, alleging they took bribes from IMA promoter Mohammed Mansoor Khan to give him a clean chit, officials said on Monday.

Probe Agency Attaches Assets Worth Rs 103 Crore In Noida Bike Bot Ponzi Scam

India News | Press Trust of India | Tuesday July 21, 2020

The Enforcement Directorate (ED) on Monday attached assets worth over Rs 103 crore in connection with its money laundering probe into the Noida ''bikebot'' ponzi scheme case, officials said.

IAS Officer BM Vijay Shankar, Accused In Ponzi Scam, Found Dead At Home In Bengaluru

Bangalore News | Reported by Nehal Kidwai, Edited by Nandini Gupta (with inputs from Agencies) | Wednesday June 24, 2020

IAS officer BM Vijay Shankar, investigated over allegations of bribery in the Rs 4,000-crore IMA Ponzi Scam was found dead at his home in a posh Bengaluru neighbourhood on Tuesday evening. The police confirmed suicide.

IAS Officer BM Vijay Shankar, Accused In IMA Ponzi Scam, Found Dead At Bengaluru Home

India News | Press Trust of India | Wednesday June 24, 2020

An IAS officer, whom the CBI wanted to prosecute in the Rs 4,000-crore IMA ponzi scam, was found dead at his residence on Tuesday night, a senior police officer said.

Enforcement Directorate Raids Multiple Premises In Noida Bike Bot Ponzi Scam Case

India News | Press Trust of India | Saturday February 22, 2020

The Enforcement Directorate today conducted searches at around a dozen locations in Delhi and Uttar Pradesh in connection with its money laundering probe against a Noida-based firm alleged to be involved in a ponzi scam, officials said.

Owner Of Bike Taxi Firm Near Delhi Sent To Police Custody In Fraud Case

Delhi News | Press Trust of India | Thursday February 6, 2020

The owner of a motorcycle taxi firm Bike Bot has been sent to three-day police custody by a Delhi court in a Rs 1,300 crore fraud case.

Assets of St Xavier's, Knight Riders Sports Attached In Rose Valley Case

India News | Edited by Anindita Sanyal | Monday February 3, 2020

The assets of Kolkata's St Xavier's College and two firms - one a company linked to an IPL cricket team promoted by actor Shah Rukh Khan - have been attached by the Enforcement Directorate in connection with the Rose Valley Ponzi scam, sources told NDTV.

CBI Transfers 4 Officers Probing Saradha, Rose Valley And Narada Scams

India News | Press Trust of India | Thursday January 16, 2020

The CBI on Thursday said it has transferred from the city four officers, three of them deputy superintendents of police and one inspector, who were involved in the investigations into the Saradha and Rose Valley ponzi scams and Narada tapes scam

Assets Worth Rs 1.66 Crore Attached In Ponzi Scam Case In Jharkhand

India News | Press Trust of India | Friday January 3, 2020

Assets worth Rs 1.66 crore have been attached under the anti-money laundering law in connection with an alleged chit fund or ponzi scam case in Jharkhand, the ED said on Friday.

CBI Seeks Sanction To Prosecute 5 Karnataka Cops Over IMA Ponzi Scam

Karnataka News | Press Trust of India | Thursday December 19, 2019

The CBI has sought sanction to prosecute six Karnataka officials, including two senior IPS officers posted in the state, as the agency plans to file a supplementary charge sheet detailing their alleged role in aiding the Rs 4,000-crore I-Monetary Advisory (IMA) ponzi scam, officials said Thursday.

Enforcement Directorate Attaches Rs 10-Crore Assets In Bengaluru Ponzi Scam

India News | Press Trust of India | Friday December 13, 2019

Assets worth over Rs 10 crore of a Bengaluru-based firm have been attached under the anti-money laundering law in connection with an alleged 'Islamic banking or halal investment' ponzi scam case, the Enforcement Directorate said on Friday.

CBI Charges Two Public Servants In Multi-Crore Karnataka Ponzi Scam

Karnataka News | Press Trust of India | Saturday November 9, 2019

The CBI had registered a case on August 30 against Mohammed Mansoor Khan, managing director of the company, and others pursuant to the notifications issued by the Karnataka and central governments.

CBI Records Statement Of Karnataka Revenue Secretary In IMA Case

India News | Press Trust of India | Saturday September 21, 2019

The CBI has questioned senior IAS officer Rajkumar Khatri, the Karnataka revenue secretary, in connection with a ponzi scam allegedly perpetrated by I-Monetary Advisory which duped investors promising higher returns using Islamic methods, say officials

Rajasthan Police Arrest Prime Accused In Rs 1,000 Crore Ponzi Scam

India News | Press Trust of India | Tuesday September 17, 2019

The Rajasthan Police today claimed to have arrested a prime accused in a Rs 1,000-crore Ponzi scam involving nearly 1.5 lakh investors.

Ex-Kolkata Top Cop Rajeev Kumar Not Cooperating In Ponzi Scam Probe: CBI

India News | Indo-Asian News Service | Tuesday September 17, 2019

The CBI on Tuesday said senior IPS officer Rajeev Kumar, now under its scanner in connection with the Saradha ponzi scam probe, was not cooperating in the investigation.