18
Feb
Indian investors lose $100 million in Ponzi scheme: Report Mumbai: Falcon collected Rs 1,700 crore (about $196 million) from nearly 7,000 investors since 2021 but has repaid only half, according to a statement from Telangana police. Falcon collected Rs 1,700 crore (about $196 million) from nearly 7,000 investors since 2021 but has repaid only half, according to a statement from Telangana police. Thousands of investors in India are scrambling to recoup nearly $100 million after they were caught in a Ponzi scheme that duped them into making short-term investments promising high returns, according to a police statement and multiple victims…