Economic Offences Wing arrests 2 partners perating Ponzi scheme for duping 100 investors of Rs 28 crore
Mumbai's Economic Offences Wing has arrested two partners of a firm, including a mechanical engineer, for allegedly duping 100 investors of Rs 28 crore through a ponzi scheme promising 24% yearly returns. They floated multiple companies and lured around 3,000 investors, with the amount duped potentially reaching Rs 100 crore.
