💨 Abstract

A Nagpur district and sessions court judge, Kapesh Vijay More, lost Rs 13.5 lakh in an online investment scam perpetrated through an investment platform. Police believe it was a Ponzi scheme scam that promised returns between 8% to 28%. The judge learned about the platform from a close relative who had been investing for four to five years.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖