Torres jewellery company is accused of defrauding investors of crores of rupees through a combination of Ponzi and multi-level marketing (MLM) schemes. According to officials, more than 3,700 ...

NEW DELHI, August 14 (Itar-Tass) - Two Russians arrested in India last May on fraud charges for running local financial pyramid Mavrodi Mondial Moneybox India /MMM ... the ponzi scheme in India ...

The Economic Offences Wing (EOW) of Mumbai police on Wednesday commenced investigation into the Torres Ponzi scheme case after it was officially transferred to them from Shivaji Park police station.