ED summons Karnataka minister Zameer Ahmed Khan in IMA Jewels scam
ED officials waited for hours outside the residence of the minister to hand over the notice.
No protection for small depositors if jeweller defaults on gold schemes
“Investors have no protection in these gold schemes if a company goes...
How tens of thousands of people lost their hard-earned savings in IMA Jewels scam
IMA invited customers to invest money in multiples of Rs 50...
Banking on faith: How thousands of people lost their life savings in IMA Jewels scam
The RBI had sounded a warning about IMA in 2016 for collecting unauthorised deposits from the public.
ED summons IMA proprietor Mansoor Khan
ED has displayed the copy of the summons at properties owned by Khan. Summons have been issued under the Prevention of Money-Laundering Act, 2002.
IMA ponzi scam: SIT asks suspended Congress MLA to appear before it
Baig, an MLA who represents Shivajinagar assembly segment, has been suspended from the party for indiscipline.
Police seize electronic evidence in IMA case
About 50 employees of IMA Jewels approached the police commissioner to request the release of their original certificates, that are apparently in the custody of the company.
IMA Ponzi scheme: Main accused remanded to ED custody till July 23
Khan, who had fled to Dubai, flew back to India and was arrested by ED officials after landing in New Delhi on Friday.
IMA founder Mohammed Mansoor Khan has a penchant for video messages
One such video published on YouTube seven months ago has Khan warning officials and the public against spreading rumours about his business.
ED files money laundering case in alleged K'taka ponzi scheme
The ED has taken cognisance of the complaint registered by the Karnataka police and the subsequent creation of a special investigation team (SIT) to probe the alleged fraud, the officials said.
Bengaluru government forms SIT as 20k people complain against IMA
Police said IMA Group managing director Mohammed Mansoor Khan may have fled the country and gone to Dubai.
IMA SCAM: Police tight lipped on Mansoor Khan’s plea for assistance to return
Top cop says he’ll be dealt with as per law if he comes back; SIT continues searches.
K'taka to bring in law that lets cops attach scam-tainted property
State’s home minister MB Patil said an amendment to the Criminal Law Amendment Act, 1944, would be introduced by the govt in the next session of the Legislature.
Bizman’s suicide-threat audio sparks protests
The audio clip that went viral was purportedly recorded by the MD of IMA Jewels, Mansoor Khan, who ran the gold scheme.
Scam-accused Mohammed Mansoor Khan says he wants to return to India and surrender
In an 18-minute YouTube appearance, Khan named many political leaders and real estate owners for his problems.
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