Ponzi or MLM schemes are fraudulent investment operations.
Statements of five 'Angadiya' firm operators have also been recorded by the ED to establish the "money trail" of this alleged Rs 45 crore bribe amount.
Reserve Bank of India has allowed authorised dealers to grant rupee loans to non-resident Indians for purposes other than those specifically prohibited by the central bank
A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot said.
CBI sources said Bose was interrogated for more than three hours.
In a bid to give her own government a clean chit, Uttar Pradesh Chief Minister Mayawati on Friday released a white paper on the allegations of rampant corruption in her regime.
Justice Khanna said, "We are leaving it to the CBI to act in accordance with law."
I am not a fool to say that everything is well, said Karnataka Home Minister G Parameshwara on a clean chit to the rights advocacy group.
West Bengal Chief Minister Mamata Banerjee on Saturday accused NIA officials of attacking villagers in Purba Medinipur district, the BJP hit back at her saying that the attack on the NIA officials is Sandeshkhalli 2.0 orchestrated by the state.
Didi is frightened by the rise of BJP in West Bengal," the PM said.
Three men, with their faces covered, came on a motorcycle to her house in Konnanagar Jorapukur Ghat at 9 pm and started hurling bombs. They barged into the house, smashed a windowpane, damaged furniture, and abused and assaulted her, Bhattacharya said in her police complaint. The BJP leader said in her complaint that it was the handiwork of "anti-socials harboured by the TMC".
The Delhi police special cell has questioned about 25 journalists and contributors of NewsClick for a second time in connection with a UAPA case registered against the online news portal for allegedly peddling "anti-national" agenda in the country, sources said on Monday.
Nothing is more promising than countries putting aside hubris and ideological differences to invest in our shared future, observes Durga Sreenivasan, a delegate at COP28.
With the Supreme Court ordering Kolkata Police Commissioner Rajeev Kumar to appear before the Central Bureau of Investigation, the agency will finally be able to question the top cop in cases arising out of the Saradha chit fund scam probe.
Reacting to the Centre's move, the AAP said it was a clear case of 'political witch hunt', which was very 'dangerous' for democracy.
'Neither the Centre nor the state is helping us, rather they are coming up with new ways to create stumbling blocks for the return of money.'
Top Trinamool Congress leader Mukul Roy has been asked by Central Bureau of Investigation to appear before it in the Saradha chit fund scam probe, drawing angry reaction from the party which accused Bharatiya Janata Party of using the agency as a "political tool".
'This is the biggest crisis Kejriwal is facing in his life.' 'If he is able to come out of this, then he will have a great future.'
Somen Mitra, the one time pillar of the Trinamool Congress and now Congress candidate from Kolkata North constituency, can't help smiling. The SC's order directing the CBI to probe the Saradha scam is the fruit of his hard and lonely battle. On the day when 17 constituencies in the state go to polls, Mitra speaks to Rediff.com's Indrani Roy about the impact of the Saradha scam on the elections and his relationship with his former party chief.
The particular matter with Nalini pertains to the legal fee paid to her by the Saradha group.
Rahstriya Swayamsevak Sangh ideologue S Gurumurthy, who was asked by the Sangh to probe charges against Bharatiya Janata Party president Nitin Gadkari, on Wednesday said he had found "no moral or legal wrongdoing" in Purti Group's funding and alleged that the media is giving the issue a political colour.
Attacking the Congress, Prime Minister Narendra Modi on Friday said the country has suffered due to 'backseat driving' and 'remote control' and warned people of Assam against an unstable government in the state.
The Congress on Thursday accused the central government of evading a debate on India-China border face-off and asked why the Modi government has been running away from the issue.
Bandyopadhyay had approached the high court in February seeking regular bail on health grounds.
Imran, a Rajya Sabha MP, reached the agency's office in Salt Lake here and will be questioned about his connections with the defunct group owned by jailed Saradha Chairman Sudipta Sen.
The West Bengal chief minister also accused the PM of 'removing crucial files' related to demonetisation.
West Bengal Chief Minister Mamata Banerjee could be staring at troubled times ahead as the Saradha scam trail seemingly leads up to her doorstep.
She said the Centre is allowing demonetised notes in various sectors like railways, aviation, petroleum, etc but not for state government sectors.
The CBI's new boss has never served in the Bureau.
Probing the high-profile Saradha chit fund scam of West Bengal, the serious fraud investigation office on grilled the suspended Trinamool Congress MP Kunal Ghosh for over eight hours here and further questioning is expected next week.
'Mithun has showed Hindi cinema that a tall, dark man with a charming smile and a great physique can take the world on.'
Adhikari, leader of the opposition in the West Bengal assembly, denied the charge, saying that he had recently gone to Mehta's residence in Delhi regarding a case related to "post-poll violence" in the state but "could not meet him in person".
The bank had posted a 14.9 per cent rise in deposits in FY13, with the last two quarters witnessing headwinds, partly due to the bank's decision to test the market by lowering its offering.
The chief minister, speaking at her first major political rally after the Lok Sabha polls, also said the party will launch a statewide protest on July 26, demanding return of black money "siphoned off" by the BJP.
In a public notice, the Securities and Exchange Board of India observed that some companies or entities are illegally mobilising funds from the public by making false promises of exorbitant rates of return under various schemes.
He said that out of anxiety of losing the general elections, the chief minister is insulting the Constitution.
Amway maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency.
The apex court had last month handed over the case to CBI and asked the state governments to provide all logistical help to the CBI team probing the matter.
The agency said the recall of the order granting Kumar an interim protection from the arrest was necessary.
Kumar, who is currently the West Bengal CID additional director general, was part of a special investigation team set up by the West Bengal government to investigate the scam before the Supreme Court handed over the case to the CBI in 2014, along with other chit fund cases.
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