Search in

Home News Ponzi Scheme

Read more interesting news from around the globe with Indianmoney App

Google Play
News Image

Economist Martin Armstrong Jailed For Hiding Rare Coins Says They're His Now

Friday, June 14, 2019, 8:43 PM

Armstrong made his name in the '80s and '90s for calling Russia's financial collapse and other crises. The 58 rare coins at the center of two federal lawsuits are exceptionally valuable. Now a bankrupt company's receiver wants them. And an antique dealer wants them. Armstrong's story is one of Wall Street's more bizarre tales and the newest chapter makes it even more absurd.
News Image

Ponzi scam: ED seizes TMC MP KD Singh's assets worth Rs 238 crore

Monday, January 28, 2019, 1:06 PM

The Enforcement Directorate (ED) has seized properties of Trinamool Congress (TMC) MP K D Singh worth Rs 238 crore in connection with its money laundering probe into an alleged ponzi scam case pegged at over Rs 1,900 crore. The properties seized by the ED included a resort in Kufri, a showroom in Chandigarh, properties in Panchkula and Haryana, and bank accounts.