Thane police have arrested four individuals in connection with a multi-million dollar Ponzi scheme operation. The investigation, which began last week, revealed a large-scale fraudulent investment scheme that targeted individuals seeking high returns. The arrested individuals are accused of orchestrating a scheme promising lucrative profits through investments, but ultimately failing to deliver. Authorities are investigating the scheme’s origins and the extent of the financial losses suffered by investors. The arrests are part of a broader investigation into potential criminal activity. The police are continuing to gather evidence and explore the potential ramifications of the investigation.
Credits: India Today | India
