https://www.taxtmi.com/news?id=29908 Promoters allegedly ran a combined ponzi scheme and multi-level marketing arrangement promising weekly returns and offering cars, flats, gift cards and hampers to recruit investors; promotional items and gemstones were recovered. Investigators conducted searches, seized cash, documents and investment papers, arrested persons and opened a special cell for investor complaints as the number of complainants and reported aggregate loss have risen during the ongoing probe. en-us Thu, 09 Jan 2025 22:16:03 +0530 Thu, 09 Jan 2025 22:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29908 Promoters allegedly ran a combined ponzi scheme and multi-level marketing arrangement promising weekly returns and offering cars, flats, gift cards and hampers to recruit investors; promotional items and gemstones were recovered. Investigators conducted searches, seized cash, documents and investment papers, arrested persons and opened a special cell for investor complaints as the number of complainants and reported aggregate loss have risen during the ongoing probe. News - Thu, 09 Jan 2025 22:16:03 +0530 https://www.taxtmi.com/news?id=29908