Ponzi Schemes
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Ponzi schemer Bernie Madoff, sentenced to 150 years, dies in prison at 82
World | Apr 15, 2021, 10:12 AM ISTMadoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons.
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Crackdown, safeguards on Centre's plate as Bitcoin buzz fuels ponzi fears
Business | Dec 14, 2017, 03:46 PM ISTFinancial sector watchdogs and government agencies will soon get into a huddle to prepare a framework to safeguard gullible investors and clamp down on fraudsters, PTI reported.
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Gullible investors trapped due to their own greed: CBI chief
India | Dec 13, 2014, 02:27 PM ISTNew Delhi: Gullible investors get trapped in ponzi schemes because of their own "greed", CBI chief Anil Sinha said today on the scam in which an estimated 25 lakh people have lost deposits in West
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Chit fund panel submits report, to refund rs 138 cr to WB
India | Oct 23, 2014, 09:01 AM ISTKolkata: The Justice Shyamal Kumar Sen Commission on chit funds today submitted its 404-page report to the state government."I have submitted the report. It is a 404-page report," Justice Sen said while walking out of
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Sex workers lose savings in Ponzi schemes
India | Apr 30, 2013, 01:45 PM ISTKolkata, Apr 30: Dreams of a better life turned into a nightmare for several sex workers in Kolkata's largest red light district Sonagachi, who lost their lifelong savings in Ponzi schemes which promised to double