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Wednesday, December 10, 2025
TopicPonzi scam

Topic: ponzi scam

Inside VueNow, now under ED lens: Lavish offices, MoU with UP govt & Rs 3,500 crore ‘ponzi scheme’

CEO Sukhvinder Kharour & wife Dimple were arrested by ED at Delhi airport last week. In 2023, UP govt had lauded Kharour for ‘reposing faith in state policies' at investors’ summit.

Punjab govt to ‘auction’ Pearl Group properties to refund victims of alleged Rs 57,000 cr ponzi scam

Punjab-based Pearl Group stands accused of duping 6 crore investors to the tune of Rs 57,000 crore on pretext of returns from development of agricultural land.

Finance Ministry working to clamp down ‘like never before’ on bogus financial apps, says Sitharaman

The FM urges people to be cautious when following the advice of ‘finfluencers’ or investing through financial apps without doing due diligence, likening these to Ponzi schemes.

8 Bengal IPS officers under CBI probe in Ponzi & cattle smuggling cases, TMC says don’t care

Two of the IPS officers have moved Calcutta HC against CBI summons served on them in a cattle smuggling case. BJP terms CBI action the beginning of the ‘fight for justice’.

ED attaches Bengaluru firm properties worth over Rs 8 crore in multi-crore ponzi case

The ED case stems from a chargesheet filed against Ajmera Groups and its promoters for 'illegally' collecting funds from 1,148 depositors and 'failing' to return Rs 29.17 crore.

Karnataka IAS officer found hanging ‘was under lens for Rs 1.5 crore bribe in IMA Ponzi scam’

Police are investigating the unnatural death of IAS officer B.M. Vijay Shankar, who was found hanging at his Bengaluru residence Tuesday evening.

IAS officer, accused in Rs 4,000-crore IMA ponzi scam, found dead in Bengaluru home

B M Vijay Shankar, a former deputy commissioner of Bengaluru urban district, was accused of allegedly accepting a bribe to hush up the IMA ponzi scheme.

Why Indians don’t need school WhatsApp groups

A selection of the best news reports, analysis and opinions published by ThePrint this week.

Saradha Ponzi scheme: The scam behind Mamata’s dharna against CBI

The Saradha scam, at the heart of the CBI-Mamata standoff, first shook the state in 2013 dragging politicians, mostly from the Trinamool Congress, into the case.

Dozen apartments, 5-star events, murky web of firms — story behind Bengali editor’s arrest

Suman Chattopadhyay, who was editor of Ei Samay, a Times Group newspaper, at the time of his arrest on 20 December, is accused in a Rs 3,000-cr Ponzi con.

On Camera

IndiGo was irresponsible — but so was a regulatory system that failed to act on time

The IndiGo crisis shows it's time to empower the DGCA as an independent statutorily approved regulator and not just as an attached office of the civil aviation ministry.

Niti Aayog CEO has a message for power stakeholders. Buckle up for surge to feed EVs, data centres

Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.

Dubai Tejas crash revives focus on advanced, fully automated safety systems

Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.