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Over 20 Indian-origin persons sentenced in massive call center scam

Saturday, July 21, 2018, 1:07 PM

Over 20 Indian-origin persons have been sentenced up to 20 years in prison in US for their involvement in a multimillion-dollar India-based call center scam which defrauded thousands of US citizens of hundreds of millions of dollars. The prison sentences for the 21 people convicted this week ranges from 4 to 20 years. The call centers turned to network of runners based in US.
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India sees 20% rise in dollar millionaires, despite GST impact

Tuesday, June 19, 2018, 7:20 PM

Despite adverse impact on GST implementation, India saw a 20% increase in both the number of dollar millionaires and their wealth in 2017 to emerge as the fastest growing market for high net population, a report said today. The number of high net worth individuals grew 20.4% to 2.63 lakh people, while their collective wealth grew 21% to over $1 trillion.