Ima Ponzi Scam  

The Central Bureau of Investigation (CBI) has filed a 1000 page chargesheet in the court naming as many as 25 people including Mansoor Khan and his sisters. The CBI officials filed the chargesheet in the CCH court in Bengaluru.

The Special Investigation Team (SIT) chief S Girish said that the IMA case in Bengaluru was being transferred to the CBI because the accused and victims in the scam were living across the country and the investigation had to be carried out in different states

IMA founder-owner Mohammad Mansoor Khan who was arrested in New Delhi was brought to Bengaluru by Special Investigation Team officials
 

IMA Jewels founder and managing director Mansoor Khan was arrested on Friday morning (July 19) in Delhi by the Enforcement Directorate (ED)

The Special Investigation Team (SIT) has arrested Umair Shariff who ran a school on Bengaluru’s Bannerghatta Road and also promoted the IMA ponzi company in exchange for cash and a van
 

Roshan baig's lawyer filed a petition in the karnataka high court against the Special Investigation Team questioning the basis on which Roshan Baig was detained.  The SIT that is probing the I Monetary Advisory (IMA) scam detained Roshan Baig when he was about to leave the city on a chartered aircraft. 
 

The central agency said its Bengaluru zonal office has issued a provisional order, under the Prevention of Money Laundering Act, for attachment of immovable assets worth Rs 197 crore and about Rs 12 crore deposits kept in bank accounts.