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Promoters Of Schemes Defraud Lakhs Of Investors

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This week on Fight Back Vivek Law of Bloomberg TV India tells you the last few years promoters of illegal collective investment schemes have defrauded lakhs of investors and raised over Rs. 10,000 crore by promising quick and high returns. But a quick perusal of the SEBI website reveals that only one collective investment scheme is registered with the market regulator.