How to Identify Red Flags in an Investment Platforms
A recent alleged ponzi scheme, Falcon invoice discounting duped investors more than ₹850 crore. The scheme allegedly collected ₹1,700 crore from around 6000+ investors, repaid around 50% of the capital & left the remaining unpaid. The scheme followed a classic ponzi model, using new investments to pay earlier investors. The Internet has opened up a … Read more
