Last Updated: Tuesday, August 18, 2015, 12:24
In its order, SEBI said PACL was selling fixed-return investment products disguised as land-for-fund schemes. It told the firm to return 491 billion rupees ($7.52 billion) it raised from 58.5 million customers.
Last Updated: Friday, January 2, 2015, 19:39
CBI has formed four special teams to fast-track probe in the alleged Rs 45,000 crore ponzi scam related to Pearls Agrotech Corporation Ltd (PACL) and Pearls Golden Forest Ltd (PGF).
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