Punjab Vigilance Bureau Arrests Director In Multi-Crore Ponzi Scam menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Punjab Vigilance Bureau on Tuesday arrested Dharmendra Sandhu, one of the directors, in connection with Pearls Agrotech Corporation Ltd (PACL Ltd) scam in which five crore investors were defrauded of around Rs 50,000 crore by the company.
All Deputy Commissioners of Punjab were asked to take action for securing all identified properties of PACL/PGF Ltd, the flagship companies of Pearls Group, to compensate the people who were cheated by the chit fund firm.
Punjab Chief Minister Bhagwant Mann on Thursday said all properties of the Pearls Group, a chit fund company, in the state would be taken over by the government. 📰 Chit Fund Fraud: Bhagwant Mann-Led Punjab Govt Orders Process To Take Over Properties of Pearls Group.
Punjab Chief Minister Bhagwant Mann on Thursday said all properties of the Pearls Group, a chit fund company, in the state would be taken over by the government.