https://www.taxtmi.com/news?id=34502 Investigation targets alleged use of Ponzi and multi-level marketing schemes by a jewellery-brand operator that duped thousands of investors; several arrests and multiple wanted suspects abroad have been identified. Authorities are verifying intelligence that wanted persons may have launched similar schemes overseas under different corporate names and intend to share verified information with foreign agencies. Domestic enforcement includes asset seizures and a court petition to auction company vehicles and equipment to enable potential restitution to investors. en-us Wed, 19 Feb 2025 08:46:02 +0530 Wed, 19 Feb 2025 08:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34502 Investigation targets alleged use of Ponzi and multi-level marketing schemes by a jewellery-brand operator that duped thousands of investors; several arrests and multiple wanted suspects abroad have been identified. Authorities are verifying intelligence that wanted persons may have launched similar schemes overseas under different corporate names and intend to share verified information with foreign agencies. Domestic enforcement includes asset seizures and a court petition to auction company vehicles and equipment to enable potential restitution to investors. News - Wed, 19 Feb 2025 08:46:02 +0530 https://www.taxtmi.com/news?id=34502