Tag: Ponzi Schemes

loksabha
Bill to ban Ponzi schemes, protect depositors passed by LS

New Delhi: A Bill to protect depositors from Ponzi schemes and put in place a mechanism by which the investors can be compensated was passed by the Lok Sabha on Wednesday by voice vote. The Banning of Unregulated Deposit Schemes Bill, 2019, which would replace the ordinance on the same, seeks to tackle the menace […]

  • Wednesday, 28 April 2021
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