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Karnataka cops accused of taking bribe to allow IMA Ponzi scam raided by CBI

Saturday, November 9, 2019, 8:22 AM

The CBI conducted searches at 15 locations including top officials of Karnataka police in connection with IMA scam, officials said. Thousands of crores of public money has been allegedly looted by IMA (I Monetary Advisory) in a Ponzi chit fund scam. The main accused and founder of IMA, Mansoor Khan, is in CBI custody. He was arrested after he returned from Dubai.

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