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2004 Ponzi Scam: Supreme Court Paves Way for Trial of S Natarajan - (03 Oct 2017)

Supreme Court has paved the way for prosecution of S Natarajan in the high-profile ponzi scam involving Chennai-based PNL Nidhi Limited which allegedly collected Rs 68.50 crore from over 13,000 investors and defaulted in repayment by setting aside a Madras High Court order quashing criminal proceedings against Natarajan, who had served as one of the directors till 2000 in the accused firm.

Tags : SUPREME COURT   2004 PONZI SCAM  

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