Ponzi schemes
Coverage of Ponzi schemes in the Nexus archive.
- Two private investment firms under scanner for likely ponzi schemes
Two private investment firms are being investigated for potential Ponzi schemes. Officials are examining financial records and related documents as part of the probe.
- I lost hundreds of thousands of dollars in Ponzi schemes. Has anyone recovered emotionally or financially?
The author lost hundreds of thousands of dollars in fraudulent investments through a trusted investment coaching/mastermind group. The investments were later exposed as Ponzi schemes or ceased operations, leading to significant financial and emotional distress, including shame, anger, and loss of trust in their judgment.
- Adityaraj Capital case transferred to CID
The Adityaraj Capital case has been transferred to CID by the Belagavi Police Commissioner due to the involvement of over ₹50 crore in Ponzi schemes operated by the agency.
- CID cautions against ponzi schemes as investors continue to transact with Shivam Associates
CID is warning against Ponzi schemes as investors continue to engage with Shivam Associates. Bheemashankar Guled emphasizes the need for awareness about the illegality and risks of such schemes to protect public interests.