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Action will be taken against ponzi scheme offenders: Arun Jaitley informs RS

Action will be taken against ponzi scheme offenders: Arun Jaitley informs RS

May 04, 2016, at 01:34 am

New Delhi, May 3 (IBNS): Arun Jaitley, Minister of Corporate Affairs, on Tuesday made it clear to the Rajya Sabha that the government is committed to tackle the menace of unregulated ponzi deposit-taking schemes and take action against the offenders.

SEBI orders attachment of 134 properties of Saradha reality

SEBI orders attachment of 134 properties of Saradha reality

Sep 28, 2015, at 07:32 pm

Mumbai, Sept 28 (IBNS) The Securities and Exchange Board of India (SEBI) has ordered attachment of 134 properties of the West Bengal-based Saradha group and its chief Sudipta Sen to recover the investors' money, collected illegally, reports said.