NSEL Investors Still Await Physical Deliveries
  • Elizabeth George
  • Sep 25 2013

September 20: Two months after the NSEL scam blew up, things are getting murkier. After allegations about bogus warehouse receipts, inadequate stockpiles and a dubious money trail, questions have now arisen about NSEL’s E-Series contracts. Investors claim that NSEL failed to deliver the physical commodity despite a trading ban on the contracts since August 6. We put the spotlight on investors who have been hit by NSEL’s payment crisis.