Well, Alchemist if a group of companies, having various industries located in Northern India. However, its modus operandi of raising funds through Infra Realty and Holdings violates Sebi's rules and they should return deposits raised from common people immediately to clean their slates.
The Agape scandal was the fact that they were defrauding people with the Ponzi scheme.
ponzi
No, insurance is not a Ponzi scheme. Insurance is a legitimate financial arrangement where individuals or organizations pay premiums to an insurance company in exchange for protection against potential financial losses. In contrast, a Ponzi scheme is a fraudulent investment scam where returns are paid to earlier investors using the capital of newer investors, rather than from profit earned by the operation of a legitimate business.
The definition of a ponzi scheme is that ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from profits earned by the individual or organization running the operation.
No. They all collapse of their own weight.
The Ponzi Scheme was created on 1998-03-31.
Caritas - Ponzi scheme - ended in 1994.
Caritas - Ponzi scheme - was created in 1992.
In my opinion, Heera Gold is a Ponzi Scheme
That phrase has been used to describe a legitimate company that starts conducting it's affairs like a Ponzi scheme.
No, being a victim of a Ponzi scheme does not stop you from serving on the Board of Directors.
If you were an investor in Madoff's ponzi scheme, you lost money.
The Agape scandal was the fact that they were defrauding people with the Ponzi scheme.
The Ponzi Scheme/ Pyramid Scheme Created by Charles Ponzi
ponzi
You can joke it is like a Ponzi scheme as far as money from one investor is used to "pay" another and so on....
No, insurance is not a Ponzi scheme. Insurance is a legitimate financial arrangement where individuals or organizations pay premiums to an insurance company in exchange for protection against potential financial losses. In contrast, a Ponzi scheme is a fraudulent investment scam where returns are paid to earlier investors using the capital of newer investors, rather than from profit earned by the operation of a legitimate business.