Look before you invest: Beware of Collective Investment Schemes

Anatomy of a fraud: Recently, the Serious Fraud Investigation Office (SFIO) in Delhi completed its probe on the chit fund scam of 14 Saradha Group firms that had been running Ponzi schemes and duping lakhs of investors in West Bengal. Six month ago, the CBI had registered a case of criminal conspiracy against Pearl Agrotech ltd for cheating over five crore investors of over Rs 45, 000 crore. Corporate Citizen gives you an overview and cautions you on such Collective Investment Schemes or the Ponzi Schemes.