Fake Investment Scheme

A 28-year-old member of a gang was arrested for allegedly help it defraud several people of Rs 73 lakh through an investment scam using the name of YouTube and Moj app, police said on Friday.

Three men cheated people pretext of providing higher returns by investing in the business of fisheries, floriculture and plantation of medical trees, police said on Wednesday.

An Indian-origin man was sentenced to six years and 10 months in jail in Singapore on Wednesday for running a fake investment scheme and cheating people, including his Indian-origin neighbour, of over 1 million Singapore dollars.

Every few days we get to read about fraudulent investments or fake get-rich-quick schemes. Of late, economic offenses in the country have become common. Such incidents reflect the fact that we are often tempted to enter investments that yield high returns without paying much heed to the risks involved therein.

A sub-inspector attached to the Mumbai Police Headquarters has accused an inspector from the Mankhurd police of cheating more than 100 policemen and civilians on the pretext of doubling their money in two years.Sub-Inspector Janardan Tarde has complained to Police Commissioner Sanjeev Dayal against Inspector Bhimashankar Dhole of the Mankhurd polic...

A 28-year-old member of a gang was arrested for allegedly help it defraud several people of Rs 73 lakh through an investment scam using the name of YouTube and Moj app, police said on Friday.

Three men cheated people pretext of providing higher returns by investing in the business of fisheries, floriculture and plantation of medical trees, police said on Wednesday.

An Indian-origin man was sentenced to six years and 10 months in jail in Singapore on Wednesday for running a fake investment scheme and cheating people, including his Indian-origin neighbour, of over 1 million Singapore dollars.

Every few days we get to read about fraudulent investments or fake get-rich-quick schemes. Of late, economic offenses in the country have become common. Such incidents reflect the fact that we are often tempted to enter investments that yield high returns without paying much heed to the risks involved therein.

A sub-inspector attached to the Mumbai Police Headquarters has accused an inspector from the Mankhurd police of cheating more than 100 policemen and civilians on the pretext of doubling their money in two years.Sub-Inspector Janardan Tarde has complained to Police Commissioner Sanjeev Dayal against Inspector Bhimashankar Dhole of the Mankhurd polic...