Created by The Canary Trap

Sahara Group's Ponzi Scam

All the documents relating to Sahara Group's dubious ponzi scheme. The Supreme Court of India finally ordered two companies Sahara Group companies (Sahara India Real Estate Corporation and Sahara Housing Investment Corporation) to refund more than Rs 17,000 crores they raised from small investors. Sahara for over a decade has employed the strategy of targeting unbanked people in  backward areas for mobilizing deposits through thousands of agents.