Investment scam Archives

Bombay HC quashes FIR against all but one accused in Rs 50 crore investment scam

“The investors were induced to deposit amounts in Indian currency with promises of receiving returns in dollars, including 2% daily, 60% monthly, and 720% annually. It was alleged that the total investment in the scheme exceeded Rs 50 crore.”

Case Briefs High Courts

[Investment Scam] Delhi HC directs removing of accounts impersonating Akshay Tanna, head at KKR Advisors, on social media to deceive public

“The unknown operators of the profiles and groups are not associated with Akshay Tanna or KKR Advisors India (P) Ltd. and have not been authorized in any manner to offer financial trading and investment related advice on their behalf.”