<h1>Two Arrested in Rs 850 Crore Ponzi Scheme; Falcon Platform Defrauded 6,000+ Investors Since 2021</h1> Two individuals were arrested in connection with a Rs 850 crore Ponzi scheme orchestrated by Falcon Invoice Discounting Platform, which defrauded over 6,000 investors across India. The scheme, operational since 2021, promised high returns on short-term deposits by falsely presenting itself as a legitimate invoice discounting service. The primary accused remain at large, while the arrested individuals include a Vice President and a Director of associated companies. The scheme collected Rs 1,700 crore, repaying only half, and collapsed in January 2025. Authorities are investigating to recover funds and identify more participants in the fraud.