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    Ponzi Schemes

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    • ED takes possession of over Rs 155 crore assets in 2 ponzi cases probe

    • Cyrptocurrency | SC order does not clear the road ahead for virtual currencies

    • IMA jewellery fraud: The scam that opened a can of worms in Karnataka

    • SC accepts SEBI's reply, trashes PIL for probe in ponzi cases

    • SC asks SEBI, Centre to give status of 1538 ponzi cases

    • CBI probing ponzi schemes to the tune of Rs 85k cr: Director

    • PACL case: Sebi collects large number of property documents

    • Sebi warns investors to stay away from ponzi schemes

    • Jan Dhan scheme to help tackle ponzi menace: Sebi chief

    • Government takes steps to curb ponzi schemes

      Minister of State for Finance Namo Narain Meena informed the Rajya Sabha that an ordinance has been promulgated to amend the Sebi Act that would provide more powers to act against illegal collective investment schemes.

    • 'SFIO probing 67 cos for allegedly floating ponzi schemes'

      Corporate Affairs Minister Sachin Pilot said his ministry has ordered the Serious Fraud Investigation Office (SFIO) to conduct probe against 67 companies who had allegedly floated ponzi schemes.

    • Ponzi menace: Govt to sensitise police, judiciary in states

      Continuing its efforts to curb fraudulent investment schemes, government will soon start a process to sensitise police, judiciary and other agencies across states on ways to contain this menace.

    • SEBI gets more powers; can seek old-case details from peers

      In a major upgrade of powers given to SEBI, the government has allowed it to pass orders like search and seizure, attachment of properties, arrest and detention of defaulters and pass disgorgement directions to recover the wrongful gains made in contravention of laws.

    • Cabinet likely to take up Sebi Act amendments tomorrow

      The Cabinet is likely to discuss tomorrow, the ammendments into various regulations that will provide more powers to the market regulator Sebi.

    • Govt plans ordinance to curb chit-fund ponzi scams: Sources

      The Cabinet is likely to consider an ordinance in Wednesday‘s meeting, in order to keep a check on ponzi schemes. CNBC-TV18 learns that there could be a move to have stricter laws in order to regulate all collective investment schemes (CIS).

    • Some infamous ponzi schemes

      Abnormally high returns, despite all the warning signs, is a promise that investors have always fallen prey to.

    • Working to save small investors from ponzi scheme: UK Sinha

      Amid lakhs of investors believed to have been defrauded by Ponzi schemes in West Bengal, Sebi Chairman U K sinha today said the regulator is working hard to ensure that small investors' savings are not put to risk.

    • Saradha chit fund scam: Govt announces multi-agency probe

      In a multi-agency crackdown against alleged duping of public investors through Ponzi schemes, the government today said the entities suspected to be engaged in such activities are being probed by Sebi, RBI and the Corporate Affairs Ministry, among others.

    • Govt panel suggests consumer campaign against ponzi schemes

      A government panel has suggested running a public campaign under the flagship consumer awareness programme 'Jago Grahak Jago' to guard the gullible investors against multi-level marketing (MLM) and pyramid structure companies collecting money through ponzi schemes.

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