The biggest of these, in recent years, is PACL which, over the past 20 years of its existence, has been variously known as Pearls Agrotech, Pearls Infrastructure or simply Pearls. The company collected an astounding Rs49,100 crore from nearly 50 million people, mainly from low-income groups. They thought that they were buying into the big Indian property boom by investing in a company that claimed to own one of the biggest land banks in the country. After 13 years of exploiting our slow judicial system, while continuing to raise money, PACL was finally ordered to halt its operations and the directors were ordered to refund Rs55,000 crore to the public (inclusive of interest). When it failed to do so, the Securities & Exchange Board of India (SEBI) ordered the freezing of its assets and bank accounts. Since then, investors have been running from pillar to post for a refund. Yet, their travails find only an occasional mention in the mainstream media. 
Never-ending investigation with sporadic and desultory action is the story of how India handles financial scams. The securities scam of 1992 is still winding its way through courts, despite a specific legislation to ensure speedy trial. City Limouzine, a scheme through which the flamboyant Sayed M Masood (maker of Chak de India and close buddy of two super stars) raised funds, is similarly meandering its way through courts. We learn that the company raised at least Rs1,300 crore; in fact, an officer from the SFIO told Moneylife that they had discovered an overseas transfer of over Rs900 crore through a political leader. It had 10 cases registered against it in 2003, although complaints mounted dramatically within a year or two. Thousands of investors have been duped; but media reports have quietly begun to downsize City Limouzine’s default anywhere between Rs500 crore-Rs1,000 crore and say that the operation shut down only in 2009. How did the story change? What happened to the rest of the money? Maybe, the answer lies in a news report of 2010 that said that over 6,000 policemen and hundreds were government officials, including depositors were those from the income-tax department and Reserve Bank of India (RBI). 
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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FROM PACL WHAT ARE YOU DOING FROM 30 YEARS FOR PACL OUR COURTS ARE WORST COURTS
TOTALLY FROD POLITICIANS IN OUR COUNTRY
మన పరిపాలన à°•à°¨à±à°¨à°¾ à°¬à±à°°à±€à°Ÿà±€à°¸à± పరిపాలనే చాలా మంచిది
Few months back an enquiry was kept on Citrus hotel group who collects money in the name of hotel rental rooms etc. Now the Agents are revealing that they had won the case and started collecting the money again.
Politician do big press conferences every now and then for various matters but no one cares to make aware and alert common public about these bogus companies where they are savings their hard earned money.
Please let us know about CITRUS GROUP which is in reality a chit fund type company.
We 316 owners but not admitted as member by so called society MC of ‘Shree Ganesh (A) Cooperative Housing Society’, Plot No. 01,Sector 28, Nerul (W), Navi Mumbai - 400706, we all in total 454 purchased our flats from Mayuresh developers of Vashi Navi-Mumbai.
We all here with request your honor for to depute / appoint an honest and Non-Corrupt officer urgently in the matter of almost twenty year old litigation in creeping majority of fundamental rights of basic membership and to get Special Audit from 1992 to 2015 of ‘before matter goes very serious, most of us are senior- citizens causing mental agony and physical harassment to the complainants as well as escalation in prices with cost of litigation and highly callous attitude of MC,
(1) This society having twin Registration Numbers and two types of Share Certificates i.e., One in English & Second in Marathi;
(A) TNA/HSG/TC/5626/92-93, Dated;17/02/1993 &
(B) NBOM/CIDCO/HSG(TC)/4532/JTR/2012-2013, Dated;30/05/2012
(2) We all compelled to pay our maintenance dues with Non- Occupancy charges and without bill to a self appointed MC citing some unofficial ‘BYE-LAWS’. and we are enforced to live on whims &fancies of MC, further enforcing us to subscribe membership in a shell Company to pocket cash primium ‘DADAR BHAJIPALA VYAPARI MITRAMANDLE’ for cash Premium and to undertake commitment not to disclose/complain to Government authorities of their wrong doings.
It seems as ;
Motto behind 20 year long litigation may be to earn mega cash PRIMIUM from redevelopment , literally by denied shareholders right to realize fair market value of their shares and indirectly forcing us to opt for redeem/sell shares thus making the society plot fully owned by the MC/promoters . without the consent of majority Shareholders by so called MC, in such a Scenario share holders are denied their full benefits including Possession of redeveloped flats as they shall have to retain illiquid shares and carry on being members of society or opt for exit option. With warm Regards,