Noida Ponzi scam: 15 people from Hyderabad cheated

HYDERABAD:

Central Crime Station

(CCS) sleuths registered a cheating case agains who was recently arrested by the Noida police for a Rs 3,700 crore

multilevel marketing fraud

.

Mittal was arrested on Feb 2 for allegedly duping lakhs of people by making them invest in multilevel marketing and ponzi schemes operated by his firms, Ablaze, Social Trade Pvt Ltd, 3W Digital Pvt Ltd and Intmaart Pvt Ltd.

After the arrest, about 15 people from Hyderabad, who invested Rs 57,000 approached CCS police. They will bring Mittal to city on a Prisoner Transit warrant and produce him before court.