https://www.taxtmi.com/news?id=64179 Alleged investment scheme resulted in reported losses of about Rs 12 lakh and implicated company directors; offences were framed under the Indian Penal Code, the Uttaranchal Depositors' Interest Act 2005, the Chit Funds and Money Circulation Schemes (Banning) Act 1978 and relevant sections of the Reserve Bank of India Act. Law enforcement announced rewards for arrests, registered multiple criminal cases across jurisdictions, arrested one absconding accused on a tip-off, and obtained transit remand to bring the accused for further proceedings while searches for the remaining accused continue. en-us Wed, 10 Dec 2025 00:31:02 +0530 Wed, 10 Dec 2025 00:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64179 Alleged investment scheme resulted in reported losses of about Rs 12 lakh and implicated company directors; offences were framed under the Indian Penal Code, the Uttaranchal Depositors' Interest Act 2005, the Chit Funds and Money Circulation Schemes (Banning) Act 1978 and relevant sections of the Reserve Bank of India Act. Law enforcement announced rewards for arrests, registered multiple criminal cases across jurisdictions, arrested one absconding accused on a tip-off, and obtained transit remand to bring the accused for further proceedings while searches for the remaining accused continue. News - Wed, 10 Dec 2025 00:31:02 +0530 https://www.taxtmi.com/news?id=64179