Showing posts with label ED. Show all posts
Showing posts with label ED. Show all posts

Wednesday, November 27

Speak Asia promoter held for Rs 2,200 crore scam

NEW DELHI: Speak Asia promoter Ram Sumiran Pal, one of the three masterminds behind a Rs 2,200 crore online marketing fraud, was arrested by the Delhi crime branch on Tuesday. Pal, 37, and his associates duped at least 24 lakh investors in the scam extending to Singapore, Italy and Brazil among others.


The crime branch received an input that Pal, who was hiding in Dehradun, would visit Connaught Place on Monday.