Mumbai, July 4 (IANS) The Economic Offences Department (EOD) of the Mumbai Police has arrested a man accused of operating an alleged Ponzi scheme that cheated 42 investors of nearly Rs 30.26 crore by promising lucrative returns through a stock market investment platform, officials said on Saturday. According to the investigators, the accused allegedly induced investors to invest through the Investok app by assuring monthly returns ranging from two to five per cent on stock market investments.The…
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