Your Gateway to Global Insights
Around 50,000 Indian investors have lost a reported $8.8 million USD to the collapsed RGA “click a button” app Ponzi. As reported by the Deccan Chronicle on December 13th; Approximately 50,000 people from the district invested ₹75 crore in the app alone. Police investigations revealed that around 10,000 people had invested ₹9.5 crore in the…
Puma Invest fails to provide ownership or executive information on its website. Puma Invest’s website domain (“pumainvest.vip”), was registered with bogus details on November 27th, 2024. Of note is Puma Invest’s website domain being registered through the Chinese registrar Alibaba (Singapore). Puma Invest has already attracted the attention of financial regulators. The Central Bank of…