The Delhi Police's EOW arrested Mohd Nazim for an alleged illegal pyramid scheme run via a fake NGO. He and associates ...
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According to figures cited by Kamath, more than 5.5 crore Indians have lost their savings to over 5,300 such schemes. The estimated losses stood at around Rs 10 lakh crore as of 2015, and he suggested ...
Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...
He detailed how he got trapped and what his big lessons were from the experience.
If you've spent years strategizing how you'll retire, scammers consider you a prime target. While they might not be able to con a 21-year-old out of much, they suspect you have plenty of money put ...