Bhubaneswar: The special CBI court on Monday permitted CBI to take CMD of Nabadiganta Capital Services Anjan Kumar Baliarsingh and two directors of the company- Kartikeya Parida and Pradeep Patnaik on a 6-day remand. However, CBI had prayed before the court for a remand of 10 days.

The CBI had arrested CMD of Nabadiganta Capital Services Anjan Kumar Baliarsingh a...Read More

Police have arrested three Chinese suspects accused of masterminding Ponzi schemes worth 9 billion baht in China and Malaysia.   Police chief Somyot Phumphanmuang on Tuesday announced the arrests of Chong Mee Chew, also known by the Thai name of Supachai Rujathorn; Keng Lean Pao, also known as Surin Sophonsukson; and Wang Wen Fan, also known as Pachaowchew Saeyang. T...Read More

A good judge of a person's character is how well they respond to difficult but good advice.

Europe, as a whole, and the UK in particular got that kind of advice almost 25 years ago. Then-Prime Minister Margaret Thatcher warned everyone who would listen about the dangerous economic perils that would come along with a unified Europe. It meant everything to her ...Read More

A former Lincoln County school teacher was sentenced Tuesday to four years in prison for a Ponzi scheme that defrauded investors of more than $1 million.

Carl David Wright, 54, of Iron Station also must serve three years of supervised release after his prison term ends and pay $817,975 restitution to his victim investors.

Prosecutors said Wright ...Read More

The Mizoram Police arrested a Zoram Nationalist Party (ZNP) worker and his accomplice for threatening an Aizawl resident to pay Rs 20 lakh. The party, however, denied its involvement.

Jacob Lianhuapa (40), the chief organiser of ZNP’s youth wing and Vanlalliana (20), who has been living with Jacob for some time, were arrested by investigators late on Monday...Read More

Kendriya Sahitya Academy award winning Oriya author Manoj Das has donated Rs.10 lakh that he received as honorarium from the tainted chit fund company, Seashore Group, for acting as advisor to its two literary magazines, to the Chief Minister's Relief Fund.

Eighty year old Das, best known for his short stories, took the step following criticism about his asso...Read More

NEW DELHI: The Central Bureau of Investigation (CBI) has questioned three senior officials of Securities and Exchange Board of India (Sebi) as part of its investigation into the Saradha scam.

Sources in the investigating agency said Sebi's former executive director (ED) KN Vaidyanathan and serving EDs SV Muralidhar Rao and S Ravindran have been examined on pr...Read More

Moving ahead in the multi-crore Saradha chit funds scam case, the Enforcement Directorate (ED) today attached assets, including a school, a cement factory and few resorts, worth Rs 60 crore in West Bengal in connection with its money laundering probe.

The agency, while issuing its seventh attachment of properties order under the Prevention of Money Laundering Act...Read More

Market regulator Securities and Exchange Board of India (SEBI) has come under CBI scanner in the Saradha chit fund scam, and the role of its top officials is being probed to ascertain whether they benefitted the firm running the ponzi scheme by ignoring the illegalities.

CBI sources said top officials in SEBI have been questioned in connection with the Rs.10,000-...Read More

The Tradeshow Network Marketing Group Expands Exhibit Rental Program and Provides Cost Reductions for Multiple Shows St. Charles, IL. October 27, 2014 – The Tradeshow Network Marketing Group has substantially expanded their trade show display rental inventory to assist companies attending trade shows by providing  a total turnkey exhibit rental pac...Read More