Investor  

Bengalutu Police have arrested seven directors of IMA, the company that is under the scanner for cheating people to the tune of Rs 2000 crore.

Here are five companies from Bengaluru, founded by Muslims, that cheated its investors in the name of Halal investments

Hundreds of people who had invested money in IMA thronged MLA Roshan Baig's residence. The owner of IMA, who is missing, had alleged that a  "Shivajinagar MLA" had taken Rs 400 crore from him.

The Abu Dhabi based MA Yusuff Ali became the first of 6,800 investors to receive the permanent residency. The first beneficiaries are investors with total investments exceeding Dirhams 100 billion.

The investigators claim that the accused persons and their group of companies have collected more than Rs 3,000 crore from 1,72,114 investors across India on the pretext of investment

Though some experts believe that the Modi government has been able to pull up the economy of the country, opposition parties claim that the BJP-led NDA government has systematically destroyed the Indian economy

DMK chief Stalin had criticised the second edition of the Global Investors Meet (GIM) which was held last month, and the first in 2015, disputing the claims of the government on the investments received

The case is against Rudra Buildwell Reality Pvt Ltd and director Mukesh Khurana and HR Infracity Pvt ltd (director Gautam Mehta) wherein Gambhir was the brand ambassador and the allegations are of cheating, conspiracy and misappropriation of huge sums of money from various investors who had invested in flats coming up in Indirapuram