Ponzi scheme

Shelley Simpson: British tourism boss jailed for £300,000 holiday ‘Ponzi scheme’ used to pay for children’s school fees News of the World

A former travel company director who defrauded dozens of customers of nearly £300,000 through fake luxury holiday bookings has been…

2 hours ago

‘Bail not jail’ norm cannot be applied to financial scams: SC | India News

NEW DELHI: In view of the proliferation of financial scams through Ponzi schemes, the Supreme Court has ruled that defrauding…

3 months ago