Promoters spent Rs.1 cr on events abroad with salary of Rs.5-6 lakh
MUMBAI, May 15 -- The Enforcement Directorate's investigation into the Rs.6,606 crore bitcoin-based Ponzi scheme operated by Singapore-based Variable Tech Pte Ltd has revealed that the promoters spent up to Rs.1 crore to organise promotional events in Macau and Dubai, while their stated annual income was only Rs.5 lakh-Rs.6 lakh....
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