ED files prosecution complaint in ₹2,459 crore ponzi scam; over 35,000 investors duped
India’s Enforcement Directorate has lodged a prosecution complaint against a suspected Ponzi scheme that allegedly swindled approximately 35,000 investors out of ₹2,459 crore. The complaint, filed under the Prevention of Money‑Laundering Act, alleges that the promoters misappropriated funds and misled participants. Authorities are now seeking a court‑ordered attachment of assets linked to the fraud and to recover losses.