Investor Education and Protection Fund(IEPF) Authority has said that Crypto currency is a ponzi scheme and should be banned in India to protect the interests of investors. IEPF has also said that crypto currencies are based on blockchain technology and there are concerns about its viability in the long-term due to risk to investors,especially considering… Continue reading Crypto currency is Ponzi scheme
Tag: IEPF
IEPF Authority in a major success recovers Rs 1514 Cr of Depositors Money
The Investor Education and Protection Fund (IEPF) Authority has been able to recover deposits worth Rs 1,514 crore from Kolkata-based Peerless General Finance and Investment Company.This money of depositors was pending with the company for the last 15 years. IEPF Authority has been set up under the Ministry of Corporate Affairs, Government of India.It is… Continue reading IEPF Authority in a major success recovers Rs 1514 Cr of Depositors Money
