₹2,459 crore Ponzi case: ED alleges investor funds routed through family accounts and firms; 35K duped — Details

The Enforcement Directorate has filed a prosecution complaint against five individuals and entities over an alleged ₹2,459 crore Ponzi scheme that reportedly defrauded more than 35,000 investors. Alleged mastermind Shivanand Siddappa Neelannavar, arrested on August 13, remains in judicial custody.