Ponzi scams: Sebi officials come under CBI scanner

Vicky Nanjappa

ponziThe Central Bureau of Investigation (CBI) will question several officers of the Security Exchange Board of India (Sebi) after it was found that they had either looked away or aided Ponzi companies who cheated the public of over Rs 2000 crore.

An officer with the CBI informed Oneindia that they have found that at least 8 officials from the Sebi had deliberately looked away and aided ponzi groups go about their scam. The Serious Frauds Investigation Office which had probed the Saradha scam had pointed the names of at least 8 officials alleged to be part of the scam.

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