https://www.taxtmi.com/news?id=52091 An FIR was registered at the Economic Offences Wing alleging that a Hyderabad-based firm's investment app operated as a Ponzi-style scheme, using fabricated vendor profiles, social media promotions, fake deals, and false partnership claims to induce investments, with the managing director and multiple directors and executives named as accused for investment fraud and misrepresentation. en-us Sun, 10 Aug 2025 21:16:02 +0530 Sun, 10 Aug 2025 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52091 An FIR was registered at the Economic Offences Wing alleging that a Hyderabad-based firm's investment app operated as a Ponzi-style scheme, using fabricated vendor profiles, social media promotions, fake deals, and false partnership claims to induce investments, with the managing director and multiple directors and executives named as accused for investment fraud and misrepresentation. News - Sun, 10 Aug 2025 21:16:02 +0530 https://www.taxtmi.com/news?id=52091