investor complaints

A Gurgaon court denied bail to a builder accused of duping an NRI investor in a multi-crore property deal. The judge cited "deliberate deception" and potential conspiracy, noting allegations of forged signatures and siphoned funds. The builder allegedly used a dormant bank account for buyback cheques, indicating intentional fraud. The court emphasized the rising trend of economic offenses against investors.

US authorities are reportedly moving to end fraud cases against Gautam Adani, with the Department of Justice potentially dropping criminal charges and the SEC nearing a settlement in its civil case. This development could offer a significant legal reprieve for the billionaire and the Adani Group, which has been facing regulatory scrutiny.

Traditionally, property ownership in India was a symbol of security and status, but it often involved high costs and illiquidity. The introduction of Real Estate Investment Trusts (REITs) now allows individuals to invest in income-generating properties without direct ownership.

Musk’s lawsuit against OpenAI and Altman was always a personal, petulant battle, about their ambitions to command the future of humanity. For Tesla boss, this means the loss is acutely painful

Neon Infra owner Mahesh, in nexus with others, lured people into fake property deals

Many Revisit Old Fan-Free Pune Summers

Business in India can turn personal very fast. Sometimes, one soured partnership is all it takes for the police to enter the story