Tag: participating in a fraudulent business
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Kautilya Nandan Pruthi Charged Criminally In $173 Million Ponzi Case After Probe By London Police
Last month, a court in the United Kingdom ordered Kautilya Nandan Pruthi to pay more than $135 million to the Financial Services Authority (FSA) for his role in an alleged Ponzi scheme that gathered the U.S. equivalent of $173 million. The FSA is the British equivalent of the U.S. Securities and Exchange Commission. Two others…