Sebi cautions investors in PACl case

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Seeking to protect the interest of investors in PACl’s illegal money-pooling case, Sebi has cautioned them against yielding to any pressure from the group or its agents.

The market watchdog is tightening the noose on PACl for refunding over Rs49,000 crore raised through illegal money pooling activity, which is seen as one of the biggest ponzi schemes in the country.

 To help investors, Sebi has come out with a detailed set of Frequently Asked Questions (FAQs) about the PACl matter in multiple languages, including English and Hindi.

Besides, the FAQs have been issued in regional languages, including Assamese, Malayalam, Gujarati, Kannada, Tamil and Bengali. It has also been published in Marathi, Odia, Punjabi, Telugu and Urdu.

Daily Pioneer
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