The group of deposit collection and real estate companies had allegedly collected Rs 590.68 crore through its branch offices in Balugaon, Berhampur, Bhubaneswar, Bhanjanagar, Paralakhemundi and Bhawanipatna.
Look Out Circular issued against three Chinese nationals in online Ponzi scam bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
The Bureau of Immigration has issued a look-out circular against three Chinese citizens involved in a large-scale online Ponzi scam. The individuals were close associates of Guanhua Wang, the mastermind of the scam. The case involves fraud and the siphoning off of a significant amount of money using a complex network of bank accounts, shell companies, and crypto-traders. The accused Chinese nationals created multiple shell companies to carry out cyber-financial frauds, initially focusing on "Killer Loan Apps" before moving on to other fraudulent activities.
Former Manager Of Ponzi Firm Gets 3 Years RI pragativadi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pragativadi.com Daily Mail and Mail on Sunday newspapers.
Saradha Ponzi Scam: Two executives get 5 years of RI by Balasore OPID court pragativadi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pragativadi.com Daily Mail and Mail on Sunday newspapers.