Ponzi / Pyramid

The doctor came back through the ninety-day door and the money still had not come home

Kitcha Veerbhadra Rao was released because prosecutors missed a filing deadline. The victims he allegedly took from were still waiting for their money when Andhra police put him back in a cell.

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Ponzi / Pyramid

The SMS said Zerodha. The SMS was the trapdoor.

A ₹143.79 crore ($17M USD) stock manipulation ring in India ran on text messages that looked like they came from Zerodha and ICICI. SEBI's 394-page final order names Hanif Shekh at the center and penalizes 225 others around him.

Pump & Dump

The Telegram tip that arrived on a Tuesday and the shareholders SEBI says were the exit

India's market regulator keeps pulling the same machine out of the same river, under different company names. This week it was another one. The buyers at the top of the chart were never supposed to make it out.

Pump & Dump

The searches came at dawn, and the small investor never saw them coming

On April 22 and 23, 2026, India's market regulator walked into the offices and homes of promoter-directors at two small company stocks and started opening drawers. The companies looked like success stories. The filings told a different story about who the success was for.

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