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Articles for tag: indian, investors, lose, million, plan, Police, Ponzi, Thousands

February 19, 2025

News Desk

Thousands of Indian investors lose $ 100 million in Ponzi plan: Police

Indian rupee notes appear in this picture illustration taken in Mumbai on June 12, 2013. – Reuters Thousands of investors in India are trying to restore nearly $ 100 million after catching them in a Ponzi program deceived to make short -term investments that promise high returns, according to police statement and multiple victims Reuters talked. Indian police arrested two people on Saturday after submitting a case against Falcon Invoice’s discount, which promised yields of up to 22%, claiming to link depositors to the Amazon (Amzn.o), opens a new tab and biscuit maker Britannia Falcon has raised 17 billion rupees

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