Last Updated: Thursday, July 24, 2014, 08:51
US judge on Wednesday denied a bizarre motion supposedly filed by Madoff that claimed the US intelligence agencies used "bio-electric sensors” to influence the case against him.
Last Updated: Thursday, February 27, 2014, 22:28
The Cabinet is likely to consider Friday a proposal to bring an ordinance that provides more powers to market regulator SEBI for cracking down on ponzi schemes.
Last Updated: Wednesday, January 08, 2014, 00:46
JPMorgan Chase & Co will pay more than USD 2 billion of penalties to settle charges by U.S. federal authorities that it failed to report suspicious activity involving Bernard Madoff`s Ponzi scheme.
Last Updated: Thursday, December 19, 2013, 23:19
Two years after the crime branch of Mumbai Police registered a case in the Rs 2,276 crore Speak Asia scam, police on Thursday filed a charge-sheet.
Last Updated: Thursday, December 12, 2013, 22:00
West Bengal Protection of Interest of Depositors in Financial Establishments Bill, 2013 was passed in the state Assembly, after withdrawing the earlier one following objections from the Centre.
Last Updated: Monday, October 07, 2013, 14:08
The CBI will investigate the cases relating to ponzi schemes, which has defrauded a large number of people in Tripura.
Last Updated: Sunday, July 21, 2013, 15:22
Faced with a mushrooming ponzi menace, govt is considering a possible ban on promotion of money-collection schemes promising unrealistic returns.
Last Updated: Thursday, July 11, 2013, 20:22
Two executives of two ponzi scheme companies, including the Saradha Group, were arrested on the charge of cheating, the police said on Thursday.
Last Updated: Thursday, July 04, 2013, 19:33
A court in Kandhamal district on Thursday sentenced the chief of a ponzi scheme company to seven years` rigorous imprisonment for duping depositors.
Last Updated: Sunday, June 02, 2013, 16:19
As per the latest financial details accessed by Sebi, the scheme named 'Cattles & Ghee' had mobilised a total amount of Rs 745 crore as on March 31, 2011. Further funds could have been garnered from the depositors since then.
Last Updated: Saturday, June 01, 2013, 18:16
Assam Health and Education Minister Himanta Biswa Sarmah filed a criminal defamation case against ponzi scheme Saradha Group and its chairman Sudipta Sen on Saturday for allegations against him in a purported letter to CBI.
Last Updated: Friday, May 24, 2013, 21:44
RBI Governor D Subbarao today briefed a Parliamentary panel on regulatory issues concerning the recent chit-fund scam in West Bengal and discussed steps that could be taken to prevent recurrence of such frauds
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