The Economic Offences Wing (EOW) of the Delhi Police, which is investigating into the multi-crore Stock Guru scam, has recovered assets worth Rs 20 crore after conducting raids in Mumbai and Ratnagiri. ...
04:55 PM, Nov 27, 2012
Mumbai: The Rs 2,300 crore Speak Asia scam, the Rs 1,700 crore Aryarup scam and now the Rs 500 crore Stock Guru scam - all these cases involved accusations of duping investors with false promises. Experts, however, chillingly add that these are just the tip of the iceberg. Several direct selling companies are cropping up, with flimsy promises to investors. At least 329 of them are now under the scanner....
09:26 AM, Nov 20, 2012
Records with the Mumbai Economic Offences Wing accessed by CNN-IBN show a substantial rise in cheat-and-run offences. ...
08:11 PM, Nov 16, 2012
Pradeep Nambiar, a corporate lawyer, and Ankur Sachdeva, a victim of the scam, answer the questions of the victims of the fraud. ...
11:45 PM, Nov 14, 2012
In the multi-crore Stock Guru scam, a pan-India probe has been ordered against accused Ulhas Khare and Raksha. ...
05:55 PM, Nov 14, 2012
New Delhi: Investigation into the multicrore Stock Guru scam is panning across different states. The Economic Offences Wing of the Delhi Police is likely to take Ulhas Prabhakar Khaire and Raksha J Urs, the couple behind the scam to Ratnagiri to raid their premises. They are likely to be taken later this week in order to recover more of the Rs 500 crore. Investigators may also raid 11 other properties...
12:03 PM, Nov 14, 2012
New Delhi: The investigation into the Rs 500-crore Stock Guru scam is spreading. The Enforcement Directorate and the Serious Fraud Investigation Office are also likely join the probe. The role of some SEBI officials will ALSO be looked into for ignoring repeated warning. An Economic Offences Wing team from Mumbai will also visit Delhi to gather more information. A couple has been arrested for allegedly duping around two lakh investors...
07:28 AM, Nov 14, 2012
A couple was on Tuesday arrested for allegedly duping around two lakh investors from seven states of nearly Rs 500 crore by promising them high returns on their investment through their firm dealing in stock market. ...
11:28 PM, Nov 13, 2012
New Delhi: A Rs 500 crore scam that left over 10,000 investors duped across seven states - the Delhi Police is now planning to approach the Enforcement Directorate and the Serious Fraud Investigation Office (SFIO) to get to the bottom of it. However, people who invested in the firm claim that they were taken in by the promise of quick returns. After being duped, the investors formed a group on...
07:24 PM, Nov 13, 2012
Ratnagiri: A couple has been arrested for allegedly duping around two lakh investors from seven states of nearly Rs 500 crore by promising them high returns on their investment through their firm dealing in stock market, police said today. "After a hunt of one year, Ulhas Prabhakar Khaire, 33, a resident of Nagpur, and his 30-year-old wife Raksha J Urs were arrested from Maharashtra's Ratnagiri town on Saturday by the...
07:07 PM, Nov 13, 2012
