Bogus Ponzy Scheme Companies

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....ogus Ponzy Scheme Companies <br>News and Press Release<br>Dated:- 7-8-2015<br><BR>Securities and Exchange Board of India (SEBI) has informed that it has not published any such list of more than 100 be....

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....nami, bogus ponzy scheme companies. Chit funds are regulated under the Chit Funds Act, 1982 and require previous sanction of the State Governments. Prize Chit and Money Circulation (Banning) Act, 19....

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....78 which bans prize chits and money circulation activities is enforced by State Governments. Collective Investment Schemes (CIS) as defined under section 11AA of the SEBI Act, 1992 are regulated by SE....

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....BI and it has passed 73 interim and 23 final orders in CIS cases during the last three years. This information was given by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a que....

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....stion in the Lok Sabha today.<BR> News - Press release - PIB....