Money Chain

Rs 100-cr money chain fraud: Highrich owners flee ED raid in Thrissur

January 23, 2024

Rs 100-cr money chain fraud: Highrich owners flee ED raid in Thrissur

According to a police report, Highrich Online Shoppe Pvt Ltd has been running a money chain scheme under the guise of online shopping.

August 07, 2023
Kerala to ban money-chain mode of business; readies draft regulations

For decades unsuspecting individuals in Kerala have been duped of crores of rupees in several such Ponzi schemes.
December 08, 2019
Over 30,000 duped of crores by money-chain firm, owner arrested

Thrissur native Shaji C Mohammed, 48, was arrested from a lodge at Kannur town, while he was trying to lure investors to the scheme.