📷 Image: Wikimedia Commons / Govt. of India
Crime
Delhi: 1069 Victims Lose ₹4.17 Crore in Ponzi Scheme Fraud
✍️ Amar Ujala · Delhi
🗓 30 Jun 2026, 03:31 PM
👁 3
Authorities in Delhi are investigating a large-scale Ponzi scheme fraud where over a thousand individuals were allegedly defrauded of ₹4.17 crore. The investigation is currently underway.
Delhi police are investigating a significant financial fraud case involving a Ponzi scheme that has impacted 1069 victims. Preliminary reports indicate that a total of ₹4.17 crore was allegedly siphoned off from these individuals through fraudulent investment promises.
The modus operandi involved luring unsuspecting citizens with the promise of high returns, a common characteristic of Ponzi schemes. The investigation aims to identify the perpetrators and recover the defrauded funds.
Details regarding the specific entity or individuals behind the scheme are still emerging as the investigation progresses. Law enforcement agencies are working to gather evidence and ensure justice for the affected parties.
The modus operandi involved luring unsuspecting citizens with the promise of high returns, a common characteristic of Ponzi schemes. The investigation aims to identify the perpetrators and recover the defrauded funds.
Details regarding the specific entity or individuals behind the scheme are still emerging as the investigation progresses. Law enforcement agencies are working to gather evidence and ensure justice for the affected parties.