"Between 18-20 lakh investors invested their money in the Corporate Debtors' investment schemes. An amount of approximately Rs 7,500 crore was collected. However, most of the investors never received the returns promised to them. The money invested was siphoned off or diverted to associate concerns of RTSCL and CCIL," said the note. In 2012, the SEBI began investigating the ponzi scheme.
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